According to the bank's website, "The objective of this debt fund is the financing of household-level energy access (e.g. solar home systems) as well as commercial & industrial application of off-grid solar energy solutions. The Fund will be managed by responsAbility Investments AG, an asset manager in the field of development investments.
The Fund aims to tap into a growing and financially underserved market, mostly in Sub-Saharan Africa and South & Southeast Asia, by providing debt and mezzanine financing directly to companies providing renewable energy and energy efficiency solutions that range from off-grid systems to captive generation, generally defined as distributed generation."
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|responsAbility Access to Clean Power Fund
No contact information provided at time of disclosure.
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