Mauritius-regulated infrastructure fund manager and parent company ARM-Harith Infrastructure Investments has announced the official launch of the ARM-Harith Cities and Climate Transition Fund (ACT Fund), which is endorsed by the Global Innovation Lab for Climate Finance. The $250-million target fund has been designed in collaboration with the Global Innovation Lab, a public-private partnership initiative funded by the Dutch, German, Swedish and UK governments, as well as the Rockefeller Foundation.
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