Swedfund, the Swedish government’s development finance institution, has announced a $20 million investment in the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund, a vehicle dedicated to supporting African businesses that champion low-carbon and climate-resilient development.
The CLEAR Fund focuses on companies driving sustainable transformation across critical sectors, including renewable energy, green transportation, climate-smart agriculture, efficient resource utilization, and digital solutions for climate adaptation. These investments aim to foster innovation while reducing emissions and strengthening resilience against climate-related challenges.
Gunilla Nilsson, Investment Director for Energy and Climate at Swedfund, highlighted the strategic importance of this commitment:
By investing in this sector, we can reduce emissions, build resilience and create green jobs—all vital for sustainable growth that benefits more people. Africa currently receives only a small share of global climate investment, yet the potential for climate-smart business is enormous. Through Helios CLEAR, we help build the next generation of African climate-focused businesses.
