Impact Expansion has raised €150m for Impact Expansion Fund I and announced the fund’s first investment in Belgium into sustainable energy solutions provider BeliVert.
The two national promotional institutions have signed up to a new programme funded by the European Investment Fund aimed at boosting female participation in venture capital and private equity.
The funding will support the growth of Swiss-based carbon removal developer Neustark which has developed a technology aimed at decarbonising the construction industry.
From our ‘Impact Investing and the Just Transition’ report: There was a lull in private equity impact fund raising in 2023 following a banner 2022. But there are now signs that normality is returning to the market.
The private equity fund will invest in fast-growing SMEs, mainly in North Africa. At least a quarter of the fund’s invested capital is earmarked for women-owned or led businesses.
British International Investment, the UK’s development finance institution, is funding a second green bond arranged by Symbiotics, lending to MSME banks supporting India’s green energy goals.
There is a growing need among investors to combine financial returns with investing for a societal good, the global wealth management brand of French banking giant Crédit Agricole Group said.
The World Economic Forum’s annual report on the energy transition finds many countries are still heading in the right direction, but that progress is slowing.
Staff at the Swedish flat-pack furniture giant will help the social entrepreneurs build a more inclusive, sustainable economy and create opportunities for local communities.
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