Investment

Malaysia’s largest sector pension fund KWAP is providing an initial investment of around €100m to the fund, which is seeking to raise capital from other institutional investors.

The Dutch venture capital fund, which focuses on climate change, biodiversity loss and natural resource depletion, is backed by a range of institutional and European investors.

A new report by Pensions for Purpose and Impact Frontiers has found many UK pension funds are underusing impact reports. A new Community Interest Group (CIG) aimed at improving impact literacy is set to launch in August.

The money will be made available for small and medium-sized businesses and mid-caps, with a particular focus on financing climate-relevant and agricultural projects across the European Union.

Proceeds from the latest bond in the series will provide financial support for high-impact enterprises owned and operated by women, as well as disadvantaged communities in India, Indonesia, the Philippines and Sri Lanka.

The investment is part of a €100m EBRD-led financing package for MHP SE, aimed at safeguarding jobs and building resilience in the Ukrainian food and agricultural sectors during the ongoing war.

The SECO Startup Fund is under new management with a new strategy and a commitment to invest more than €5m to better serve firms in emerging markets.

GIP Zambia, with $70m of initial funding, builds on a model developed by BII and its partners in Ghana to provide finance for firms overlooked by the existing banking system.

The European Investment Bank and the Institut Català de Finances have signed a €100m loan agreement to support SME investment in sustainability and climate change adaptation and mitigation.

Proteine Resources will use the funds from the European Innovation Council Accelerator to scale up production of sustainable pet food made from insect protein instead of beef.