The German residential real estate technology platform says it will use the investment to deploy significant capital over the next 24 months to drive the green transition of Germany’s housing sector.
The funding aims to drive sustainable growth by facilitating lending to climate-related projects and women-led enterprises, expanding financial inclusion, and helping to close the region’s $42bn gender financing gap.
The fund managed by the Swiss impact investor focuses on projects in emerging and developing countries committed to slashing greenhouse gas emissions by at least one-fifth.
Financing for climate change initiatives and a just transition just got harder with the return of Donald Trump to the White House, but development banks meeting in South Africa resolved to step up efforts to help close the funding gap.
The Impact Bridge Sustainable AgriFood Fund has raised over €130m to invest into Spanish agrifood SMEs, with the aim to support rural development and the inclusion of vulnerable groups, adapt to climate change and preserve biodiversity.
Nature-based projects rose by an average of 15% annually between 2012 and 2021, yet scaling the sector remains a challenge, according to a report from the World Resources Institute and the World Bank.
The collaboration is aimed at accelerating the move to net zero in the Netherlands, where solar and wind energy has advanced so much, it is entering a new phase, according to ASN Impact and StartGreen.
The chair of the authority that runs the UK’s main financial centre says the investment community has a duty to make more social and environmental investments.