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How the fund works
“We use blended finance structuring to attract both public and private capital to invest so we can support the implementation of green hydrogen projects in Namibia”, says Andrew Johnstone. “This gives private sector developers access to capital from an early stage of development, throughout construction until operations.” Invest International will act as an anchor investor in the ‘SDG Namibia One Fund’ and will provide a grant of €40 million to contribute to the first closing of the fund. It is the intention that other donors and investors will also join the journey to help Namibia into its green transition by making substantial contributions to the fund. It is envisaged that the fund size will €1 billion.