Climate Fund Managers (CFM) and Eos Capital have announced a partnership between Climate Investor Two (managed by CFM), Kelp Blue and the Namibia Infrastructure Development and Investment Fund (NIDIF), managed by Eos Capital, for the commercial development of the world’s first large-scale kelp farm.

Investment of approximately $60 million (N$990 million) will be required over a five-year period. This will be funded by both international and local Namibian sources through Climate Inve...