responsAbility secures $500m for climate strategy in Asia

responsAbility

responsAbility Investments AG, a global impact pioneer, has made a significant stride in addressing climate concerns in Asia.

The company, known for its innovative approaches to environmental and social challenges, recently unveiled a USD 500 million climate investment strategy. This ambitious initiative has been launched in collaboration with Germany’s development bank KfW and the Dutch development bank FMO, marking a critical step in combating rising CO2 emissions in Asia.

The $500 million strategy is designed to actively contribute to CO2 reduction across the continent. It focuses on investing in low-emission technologies, providing institutional investors with not only attractive investment opportunities but also a chance to participate in meaningful environmental impact.

At its core, responsAbility’s strategy is about more than just investment; it’s about driving change. The firm targets sectors with high CO2 savings potential in Asia, including renewable energy, battery energy storage, electric mobility, energy efficiency, and circular economy.

The strategy is bolstered by the innovative “Climate Impact Assessment and Monitoring Framework,” ensuring transparency and aiming for direct CO2 savings of an estimated 10 million tons over the investments’ lifetime. This approach aligns closely with selected Sustainable Development Goals (SDGs), especially those focusing on climate action, industry, innovation, infrastructure, responsible consumption, and production.

The climate investment strategy stands out for its blended finance structure, combining public funding with private capital. This approach is intended to mobilize a significant amount of private capital, enabling institutional investors to address Asia’s climate challenges while also seeking an attractive risk-adjusted return on their investments.

Ewout van der Molen, Head of Climate Finance at responsAbility, emphasises the dual benefit of the strategy, stating, “Our investment strategy appeals to institutional investors who are looking for both environmental impact and financial value from their investment. As a key step towards a low-carbon economy in Asia, responsAbility provides a significant opportunity for investors to make a tangible and measurable difference in the fight against climate change.”

Stephanie Lindemann-Kohrs, Director of Global Equity and Funds at KfW, and Marnix Monsfort, Director Energy at FMO, both echoed the sentiment, highlighting the strategy’s alignment with SDGs and the essential role of blended finance in mobilizing private sector capital for sustainable development.

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