Five years after receiving USD 20 million in catalytic capital, CC Facility grantee One Acre Fund shared key lessons in ImpactAlpha, a sustainable investment news platform. In the article, One Acre Fund explains how a USD 20 million subordinated loan from a group of catalytic investors helped attract new funding and accelerate growth, all with the goal of aiding smallholder farmers across Africa who are especially vulnerable to the effects of climate change.
One Acre Ventures, a financial vehicle launched by the One Acre Fund, was selected for the inaugural grantee class of the Catalytic Climate Finance Facility (CC Facility), a partnership between Climate Policy Initiative (CPI) and Convergence, receiving a working capital grant and technical support to accelerate market roll-out.