Scalar International and Mergence Investment Managers in partnership have launched The Africa Decarbonisation Fund I that will invest in energy-efficient / decarbonisation projects in the private commercial and industrial (C&I) sector within SADC, with a focus on women- and youth-led SMEs. Scalar was selected as one out of five out of 48 impact investment managers for International Climate Finance Accelerator, powered by Accelerating Impact, which is a unique multi-year programme that supports managers who have strong, innovative climate investment strategies and are in process of fundraising. The fund’s target is to reduce 1 GT of carbon emissions by 2030; achieve energy efficiency in 30,000 buildings by crowding in investment of at least $100 million; and create 15,000 full-time jobs.

Urgent investment needed to mitigate the effects of climate change in Africa
How to mitigate the effects of climate change in Africa? In the latest Catalyst Magazine published by Dealmakers, Hubert Gutsa,