• Building and scaling climate positive businesses which generate and supply high quality carbon credits is crucial to the growth of the carbon market in Africa which is at a nascent stage. ACV seeks to launch and build businesses with potential for significant scale to mitigate the negative effects of climate change on the continent through carbon mitigation, capture and removal.
• By investing in ACV, FSDAi will play a catalytic role in demonstrating carbon as an investable asset class which can attract private and public capital. The investment seeks to de-risk and demonstrate cases of novel high quality African climate businesses which can be scaled into investable opportunities that attract commercial capital and participate in global carbon markets on fair terms.
• The Climate Action Platform-Africa will collaborate with FSD Africa to work on policy initiatives which will create an enabling environment for transaction structuring and execution in the climate and carbon space.

“We are thrilled that FSDAi has joined us in building ACV. The involvement of FSDAi has already been invaluable in refining the ACV model. As we work towards ambitious objectives, we believe FSDAi will be a key partner in ensuring our success.” James Mwangi, CEO of Africa Climate Ventures