The Sustainable Energy Fund for Africa (SEFA) and the Nordic Development Fund (NDF) have approved USD11.5m in funding to pilot the P-REC Aggregation Facility (PAF), a first-of-its-kind climate finance instrument designed to support off-grid renewable energy projects in some of Africa's most fragile and energy-poor countries. The facility will be managed by Camco in partnership with Energy Peace Partners and will provide upfront payments to project developers in exchange for o