The confluence of high population density, vulnerable ecology, extreme climate, and heavy reliance on natural resources makes environment sustainability one of the greatest challenges that India faces. Financing companies along the clean energy value chain helps to mitigate some of those challenges.
The Fund may allocate up to 10% of investments to opportunities in Indonesia, Vietnam, and the Philippines where the Fund Manager, GEF Capital Partners, believes it can extract synergies from regional linkages. Being a signatory to the ‘2X Challenge’, the Fund Manager integrates social aspects to advance gender equality and diversity and improve livelihoods. GEF Capital Partners is a long-term partner of SIFEM and several other European DFIs.