The investment, underpinned by backing from West Yorkshire Pension Fund, will help Oyster Heaven provide environmental benefits by restoring lost oyster habitats.
The recent investment sees the fund managed by the Swiss impact investor surpass $410m at fourth close with the aim of reaching a final close of $500m by year’s end.
The funding is intended to bolster climate-positive lease financing for Turkey’s SME sector, the backbone of the country’s economy and provider of 70% of national employment.
The UK and Dutch governments, alongside IDB Invest, have contributed to the Responsible Commodities Facility, which will provide $60m in loans to soy farmers committed conserving their forest reserves in the Brazilian Cerrado.
The facility, backed by European impact investors, will be used by QNB Leasing to provide finance for clean energy projects, micro and small companies and sustainable economic development.
The funding marks British International Investment’s first climate-directed debt facility in Vietnam, aimed at helping the country achieve net-zero emissions by 2050.
Existing investors include pension funds, Australia’s Clean Energy Finance Corporation, private banks and wealth managers. Plus, UK’s Smart Pension invests in Octopus Energy Generation.