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Meet the Camco COP27 team
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Geoff Sinclair, Managing Director
Established and ran Standard Bank’s climate and carbon finance business from scratch, developing it into one of the most respected banks in the market funding over 1.3GW and USD3 billion into projects in Africa, Asia, Australasia, Europe and North America.
👉Connect with Geoff
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Karl Upston-Hooper, General Counsel and GCF Lead
General counsel for EBRD/EIB EUR210 million Multilateral Carbon Credit Fund and GreenStream’s USD85 million carbon and energy efficiency funds.
👉Connect with Karl
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Ben Hugues, Investment Director and REPP Lead
Manages REPP. Background in engineering and finance at Standard Chartered Bank and Terex with extensive experience in clean energy, risk and portfolio management.
👉Connect with Ben
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Paul Makumbe, Pacific Director
Responsible for TIDES fund. Founder and ex-CEO of Sunergise, the largest solar developer in the Pacific. Previously CXO level executive in IT & telecommunications.
👉Connect with Paul
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Ieva Indriunaite, Policy and Partnerships Manager
Leads policy and regulatory risk management, technical assistance and partnerships. Worked as a consultant specialising in public sector management, sustainable development and climate policy.
👉Connect with Ieva
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Brian Wambani, Investment Director
Responsible for structuring and execution across all of Camco’s mandates and business development. Wealth of experience working across a diverse array of investment and financial models in Africa.
👉Connect with Brian
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West Africa
Benin: Access to Energy Institute and Odyssey Energy Solutions sign partnership agreement (Afrik21)
- The organisations will collaborate to provide automated monitoring of the operation of solar PV systems across ten healthcare facilities.
Gambia: ECOWAS approves feasibility study for 150MWp solar park construction (Afrik21)
- The first phase of the regional solar PV plant will have an installed capacity of 80MWp and will serve the country’s domestic needs.
Ghana: GRIDCo secures USD60 million loan from Ecowas Bank (Construction Review Online)
- The loan will finance the installation and upgrade of transmission lines across the country.
Liberia: CI Energies signs PPA to add 27MW of electricity to the national grid (ESI Africa)
- Power transmission is expected to begin in December this year through a 1,350km line which will run through the CLSD/ Transco grid, connecting Cote d’Ivoire, Liberia, Sierra Leone and Guinea.
West Africa: AtkivCo receives EUR7 million to solarise telecom towers (Afrik21)
- The funding has been provided by the Energy Inclusion Facility (EIF) to support the energy services company’s growth in Chad, Niger, Cameroon, Côte d’Ivoire and Burkina Faso.
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East Africa
Ethiopia/Djibouti: Second Ethio-Djibouti high power transmission line launches (Construction Review Online)
- The electricity transmission line is expected to boost the amount of electricity that Ethiopia exports to its neighbouring African countries and simultaneously address Djibouti’s energy shortage issues.
Kenya: Country’s decentralised renewable energy (DRE) sector rebounds post-pandemic (ESI Africa)
- According to the recent Powering Jobs Census 2022: The Energy Access Workforce Kenya report, the country’s DRE sector has shown strong recovery from COVID-19 and continues to create stable jobs.
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Southern Africa
South Africa: Government to relieve a portion of Eskom’s R400 billion debt (ESI Africa)
- The debt take-over, alongside other reforms, is expected to contribute to the utility’s long-term financial sustainability.
South Africa: Sola Group signs land lease agreements for two renewables energy parks (Renewables Now)
- The two large-scale plants, totaling 345MW, will be built on underutilised land areas owned by Eskom in the Mpumalanga province.
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Africa - other
Africa: Swiss Federal Council provides USD75 million for sustainable infrastructure (Afrik21)
- The Private Infrastructure Development Group will use the financing to invest in sustainable infrastructure in Sub-Saharan Africa, South and Southeast Asia.
Egypt: Empower New Energy signs financing agreement with Engazaat for solar plant construction (Afrik21)
- The 2.2MWp solar PV plant will be connected to an electricity storage system to provide energy for a water desalination system dedicated to the irrigation of agricultural land in the oasis of Mohgra, in the north of the country.
Morocco: Plans develop for the construction of clean energy power plants (Construction Review Online)
- The Government of North Africa is reportedly in talks with Adani Group to construct 10GW of wind and solar power projects in the country.
Morocco: Government signs green energy partnership deal with the EU (EU)
- The partnership is the first of its kind and an important recognition of Morocco’s leadership and potential in the green transition.
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Pacific
Climate: Pacific islands representatives hold discussions with Korean diplomats (Pina)
- The discussions are part of Korea’s strategy to expand development aid for the Pacific Island Countries to bolster cooperation on diverse regional issues, including climate change.
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Rest of the world
Climate: Carbon dioxide and methane levels in the atmosphere reach record highs (United Nations)
- According to the World Meteorological Organization, levels of the main greenhouse gases all reached new record highs in 2021 and are continuing to rise throughout 2022.
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