Candide Group
Climate Justice Fund
Sector
Energy Access
Type
Private Credit Fund
Geography
USA
Amount
$4,000,000
Year
2023
The Climate Justice Fund provides catalytic debt financing for climate justice projects. The fund invests across the US, lending to climate projects which primarily benefit historically marginalised communities and prioritise models with BIPOC leadership, community governance and job creation in frontline communities. The fund finances novel, inclusive underwriting models, provides bridge financing for tax credits, development capital for construction facilities, and/or brings down the cost of capital for frontline community development.