July 11

Leapfrog Plans $500 Million Investment in Asian, African Climate Transition Firms

By Simon Jessop

Sustainability-focused asset manager LeapFrog Investments said it plans to invest $500 million in companies addressing climate change in Asia and Africa, with projects it hopes will reach up to 50 million low-income people.

The commitment was announced at the Climate Finance Mobilisation Forum in Britain on Monday, attended by finance leaders, companies and philanthropic bodies with the aim of bolstering private capital flows to emerging economies.

Photo courtesy of mad mags.

Source: Reuters (link opens in a new window)

Environment, Investing
climate change, decarbonization