Swiss Investor responsAbility Pledges $500M for Green Tech

ESG HUB > News > ESG News > Swiss Investor responsAbility Pledges $500M for Green Tech

Swiss Investor responsAbility Pledges $500M for Green Tech

Posted by: Baris Karapinar
Category: ESG News

Swiss impact investor, responsAbility Investments AG, has collaborated with Germany’s KfW and Dutch FMO to unveil a $500 million climate investment strategy for Asia. The initiative addresses the pressing need for sustainable technology investments in the continent, the largest global emitter of greenhouse gases, facing a surging energy demand.

Targeting key sectors such as renewable energy, battery storage, electric mobility, energy efficiency, and circular economy, the strategy employs an innovative “Climate Impact Assessment and Monitoring Framework.” This ensures transparency, with an expected direct reduction of 10 million tons of CO2 emissions over the investments’ lifetime.

To mobilize funds, responsAbility adopts a blended finance model, combining public and private capital. The strategy aims to attract institutional investors seeking both environmental impact and financial returns, offering a viable solution to Asia’s climate challenges.

Ewout van der Molen, Head of Climate Finance at responsAbility, emphasizes the strategy’s role in fostering a low-carbon economy in Asia. Stephanie Lindemann-Kohrs, Director of Global Equity and Funds at KfW, highlights their commitment to channeling private sector capital into Sustainable Development Goals. The blended finance approach aligns with global efforts to address climate change, marking a significant step toward sustainable development in Asia.

Link to the news source

Leave a Reply