EU funding

The EU-backed initiative will support digital infrastructure and services across emerging markets, aiming to accelerate connectivity and economic development.

The investment will be made in the Klima Energy Fund II from global financial services firm Alantra, which will focus on scaling technologies that are needed for Europe’s energy transition.

In a world of political and policy headwinds, development finance institutions are aiming to mobilise private capital and innovate to build impact, said speakers at the Impact Investor conference.

The Dutch-based investor is targeting a €150m final close in 2026 for its debut offering, which has backing from the European Investment Fund and Invest International.

The European Investment Bank and the European Commission have joined forces with immunotherapy company BioNTech to advance a mRNA vaccine manufacturing facility in Rwanda.

Investment volumes are set to significantly increase from 2025 to 2027 across Ukraine, potential new EU member states and neighbouring regions, with a focus on strategic infrastructure and private sector development.

Climate Investor Two, which invests in water, waste and oceans infrastructure, is now the world’s largest climate adaptation infrastructure fund focused on emerging markets.

In the past decade, the European Investment Bank has committed €2bn to future-proofing Dutch water projects against climate change.

The fund will make pre-seed up to series A investments, also providing firms with strategic support and access to international networks to attract further investment.

The Spanish fund, which is focused on closing the €344bn European climate tech scale-up gap, attracted a wide range of public and private investors.