WHO IS OUR CLIENT
Catalyst MENA Clean Energy Fund (Catalyst) is a private equity fund investing in renewable energy assets in Jordan/MENA region. Catalyst is managed by Catalyst Investment Management and has reached a first close size of USD35 million in 2016, funded by development finance institutions.
Catalyst seeks to invest in late stage development renewable energy assets using proven technologies supported by local renewable energy legislation and commercial market drivers, to subsequently take these projects through construction and into operations. Catalyst will primarily invest in solar energy in the MENA region, with a primary focus on Jordan.
WHY WE FUND THIS PROJECT
By investing in Catalyst, FMO seeks to address the market need for energy in Jordan/MENA region in a sustainable and responsible manner, by increased production of clean energy.
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ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism.