Investment

Investments totalling almost $30m from UK and Nordic region DFIs bring commitments so far to $90m for the fund, which supports the uptake of climate insurance in emerging markets.

The transaction marks BII’s first direct financing into Southeast Asia and will help avoid 319,000 tonnes of CO2 emissions per year.

Saveggy is tackling plastic and food waste with its proprietary technology that promises to extend the shelf life of fruits and vegetables. The company has received backing from impact investors including Unconventional Ventures.

The multi-institutional investment reflects growing interest in providing affordable insurance to cover Africa’s vulnerable smallholder farmers against climate-related risks.

Ahead of the European elections, Impact Europe and five national impact investing networks have launched their Impact Manifesto, calling on the EU to introduce policies to enable the work of impact investors.

The fundraising playbook for software has been set for decades. In climate tech, not so much. A new initiative aims to bring clarity for founders and investors, and fast-track climate technologies.

The UN’s 2024 Financing for Sustainable Development Report calls for urgent measures to mobilise financing at scale to meet the 2030 Agenda.

The public-private partnership of insurers and global policymakers is working with BlackRock to put a new blueprint of scalable solutions for infrastructure projects into action.

GAWA is one of the impact investors backing Indian microfinance institution Sindhuja Microcredit, which has raised $14.5m to extend its services and develop new products, including individual loans to smallholder farmers.

London CIV, Big Society Capital and Schroder BSC Social Impact Trust among investors behind the £123m first close of Savills’ Simply Affordable Homes fund which aims to help tackle the country’s rental crisis.