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Around half of the USD 8 billion needed each year in clean cooking investments would need to be concessional finance. International financial flows have and will play a key role in advancing clean cooking, especially in regions without the fiscal space to drive the required investment through public funds. Early efforts funded through development efforts has cultivated a maturing private sector, able to attract more private finance and to take on corporate equity and debt. Still, highly concessional financing will still be needed to support projects in the poorest regions. Around three quarters of concessional finance would need to flow to sub-Saharan Africa. - a report by IEA
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