The request for information aims to pave the way for the US state to create a green financing mechanism that effectively channels public and private funding to achieve its clean energy goals.
It follows a year-long process between the Development Bank of Southern Africa and the Green Climate Fund and aims to accelerate climate initiatives in the region.
The institution will be capitalised with $35 billion in federal funds and will drive public and private investment in clean energy technologies and infrastructure.
The Coalition for Green Capital aims to help unlock private investment in green sectors by using public investment to reduce risk and address other barriers.
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