USAID is the lead U.S. Government agency working to end extreme global poverty and enable resilient, democratic societies to realize their potential.
In support of Climate Investor One, USAID has pledged a sum of USD five million to the fund which will invest in renewable energy projects in emerging markets.
Andrew Johnstone, CEO of Climate Fund Managers, made the following statement:
“We are very proud of our new association with USAID through their Power Africa programme. Climate Investor One’s focus on the early stage development of renewable energy projects, and its inclusion of a number of African countries in its target area of operations aligns strongly with the objectives of Power Africa. We are excited about the potential that the combination of Power Africa and Climate Investor One offers to these power deficient regions."