It is a pilot project aimed at identifying alternative business models that can promote innovation and entrepreneurship globally and, if successful, invite third-party investors to expand the green funding. It offers a mechanism to leverage concessional funds to mobilise private capital while public funds are scarce and capital needs high.
IFC will provide $60m to help innovative clean-tech start-ups
1 November 2011 16:51 GMT
Updated
25 November 2012 16:59 GMT
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