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Northern Arc secures $65 mn debt commitment from global firms for climate fund

By Economic Times - 2 weeks ago
Northern Arc secures USD 65 million for its first climate fund. The fund receives support from DFC and OeEB. It will provide debt financing to companies in sectors like solar energy, energy efficiency, and sustainable agriculture. The fund will operate from GIFT City. It aligns with India's climate goals and aims to reduce emissions.

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