Climate Finance for Mauritius - SUNREF Project (IG)
- Southern Africa
- Grant Amount
- EUR 3,750,000
- Total project cost
- EUR 97,000,000
- PFG Lead Financier
Credit line that aims at financing small and medium investments, with a view of reinforcing the market of mitigation finance initiated during SUNREF I and developed during SUNREF II and creating a demonstration effect/scaling up the market to address the adaptation to Climate change agenda of Mauritius. It also aims at promoting gender equity among projects financed.
The EU-AITF IG will be used to provide:
An additional incentive of 10% for investments meeting adaptation-to-climate change eligibility criteria; and
An additional incentive of 5% for investments meeting gender equality eligibility criteria.
Link to video - SUNREF Promoting green investments in Indian Ocean