Tuesday, December 10African Digital Business Magazine

Tag: Green Climate Fund

Acumen Launches New Hardest-to-Reach Initiative to Achieve Universal Energy Access
Energy

Acumen Launches New Hardest-to-Reach Initiative to Achieve Universal Energy Access

Hardest-to-Reach is the First Blended Finance Initiative Exclusively Dedicated To Expanding Clean And Affordable Energy Access In Africa’s Underserved Markets Today, Acumen launched Hardest-to-Reach, a $250 million initiative to activate clean energy markets in Africa’s underserved geographies. Critical to achieving universal energy access, the initiative was unveiled at the SDG7 Pavilion at COP28 alongside key supporter the Green Climate Fund (GCF). It will build on Acumen’s success of providing energy access to low-income communities living beyond the grid in sub-Saharan Africa. Hardest-to-Reach is the first blended finance initiative exclusively dedicated to expanding clean and affordable energy access for low-income people in neglected markets in Africa. Additional key funders includ...