Investment

The bank is leaving the Net-Zero Banking Alliance, the world’s leading climate alliance of banks, pointing it disagrees with the alliance’s new, less strict course.

Multinational development banks play a growing and crucial role in unlocking investment for sustainable development in emerging markets, but private capital should step up, write ILX Management’s Manfred Schepers and Luz Martinez.

Place-based investing: Join us at The Conduit in London’s Covent Garden on Thursday 15 May to learn from key investors as they discuss how capital can be a catalyst for growth, resilience and progress at both local and regional level.

The European Commission-backed public-private partnership investment vehicle has appointed SUSI as its portfolio manager as it focuses on the transition to a low carbon future.

The London Pensions Fund Authority said it is “taking climate action” to protect its 100,000 members from the consequences of global warming.

TBC Bank Uzbekistan will use the funds to boost its lending efforts to promote financial inclusion in Central Asia’s most populous country, with a focus on small- and medium-sized businesses.

The impact investor hopes the government support will help attract further private investment that will help the fund to grow to some £50m.

Exclusive: Impact portfolios in listed equities can deliver alpha, and investors don’t have to choose between making money and making a difference, argues a new report by Schroders and the Saïd Business School.

The money will be used to help solve funding gaps in transformational infrastructure projects in emerging markets, such as clean and renewable energy, sustainable mobility, health, water and sanitation.

Dutch company Gradyent is being backed by a range of investors, including Blue Earth Capital, SEB Greentech and Eneco, to expand its energy saving software.