European Financing Partners, EFP
Introduction
European Financing Partners (EFP), together with the Interact Climate Change Facility (ICCF), is a joint financing platform created by European Development Finance Institutions to contribute to job creation and climate change mitigation through investments in developing countries. Investments are made in Africa, the Caribbean and the Pacific.
Swedfund's investment within the framework of the EFP co-operation contributes to the implementation of impactful projects in developing countries, with the aim of developing a sustainable private sector, creating jobs and income-generating opportunities locally and increasing access to energy.
Co-investors include BIO, COFIDES, DEG, Finnfund, FMO, IFU, OeEB and PROPARCO.
Read more in our press release: Investment from Swedfund at EFP/ICCF for jobs and climate
Facts
SDG in Focus
No Poverty
End poverty in all its forms everywhere.
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Reduced Inequalities
Reduce inequality within and among countries.
Sector
Financial Inclusion
Financial Inclusion invests in, amongst others, regulated banks and microfinance institutions to reach out more broadly and effectively.
Value creation
Our Impact
The investment contributes to local economic development and sustainable growth, as well as to jobs and other income-generating opportunities locally.
ESG
We are working closely with the institution to manage environmental and social issues.
Additionality
Our investment is financially additional as it is made in a challenging context and business environment. It is also expected to contribute to capital mobilisation. The investment is value additional by prioritising environmental and sustainability issues.