WHO IS OUR CLIENT
Objective of the funding is to develop a combined PV-Solar and Pump Storage Hydro hybrid energy project in Rwanda. The transaction is a seed investment for Climate Investor One.
WHY WE FUND THIS PROJECT
The transaction is an opportunity to develop a tailored financing structure (funding development and construction) for a hybrid energy solution and we are likely to crowd in investments which would otherwise not have been available to the project.
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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.