FinDev Canada commits $33M to BlueOrchard’s $250M Climate Action Mobilisation Fund

Canada’s bilateral development finance institution, FinDev Canada , has committed $33 million to the BlueOrchard Climate Action Mobilisation Fund (BOCAMF). The private debt fund, structured as a blended finance vehicle, has successfully reached its first close at $250 million. The fund’s initial close is anchored by a syndicate of development finance institutions and private-sector institutional investors.