Thursday
July 6
2023

BlueOrchard Raises $50 Million in Climate Adaptation Fund’s Second Closing

By Benjamin David

BlueOrchard, a global impact investment manager and member of the Schroders Group, has completed the second closing of its InsuResilience Investment Fund Private Equity (IIF PE II), raising over $50 million.

The fund aims to mobilise private sector capital to support climate change adaptation and build resilience in emerging markets.In collaboration with the German development bank KfW, IIF PE II seeks to provide affordable climate risk insurance protection to vulnerable populations and small businesses.

Photo courtesy of Manuth Buth.

Source: Funds Europe (link opens in a new window)

Categories
Agriculture, Environment, Investing
Tags
climate change, lending, MSMEs, smallholder farmers