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GeothermEx

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    PROJECT: Geothermal development drilling risk finance innovation in Kenya and Ethiopia

    Geothermal developers, particularly in the early stages of developing a field, face high costs for field development coupled with high risks associated with resource exploration and development / appraisal drilling. The cost of early phase development in the Kenya and Ethiopia typically ranges from around 50 to 100 million USD for a medium size development (130 MW).
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    PROJECT: Business Partnerships Programme

    Businesses are critical to the challenge of reducing carbon emissions, adapting to the effects of a changing climate and creating green jobs and economic growth – together these can lead to ‘climate compatible’ development (CCD). But breaking into new markets and scaling up climate related products and services can be hampered by barriers such as a lack of knowledge and skills, access to finance or limited demand.
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