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The IKEA Foundation and the Rockefeller Foundation plan to set up a $ 1 billion fund to support renewable energy programs in developing countries.
Axar.az reports this information was spread by Reuters. Each fund will provide half a billion dollars for the total fund.
In addition, they hope to attract an additional $ 10 billion this year from international development agencies and institutional investors.
The fund will work especially for India, Nigeria and Ethiopia.
2021.06.22 / 13:14