June 21

Luxembourg Ministry of Finance Appoints Schroders and BlueOrchard to Accelerate Climate Action With a Landmark Partnership

Schroders, BlueOrchard Finance Ltd (1), and the Luxembourg Ministry of Finance are launching an impact strategy with the goal of contributing to the transition to carbon-neutral and resilient economies and achieving sustainable growth in emerging markets. The initiative will specifically focus on the environment: climate mitigation, climate adaptation, and the protection of water and biodiversity. The partnership is focused on channelling investments from both the public and the private sectors via an innovative Luxembourg-based financing vehicle that will help to close the climate finance funding gap.

Global investment manager Schroders and its impact investment specialist BlueOrchard were selected in an international tender process. Schroders will provide the portfolio and risk management services as the AIFM, (2) while BlueOrchard has been appointed as the investment manager for this climate impact strategy. The strategy aims to invest in solutions that address the environmental goals of the Paris Agreement and the United Nations Sustainable Development Goals (SDGs), among others.

Photo courtesy of Franz Jachim.

Source: BlueOrchard (link opens in a new window)

Finance, Investing
accelerators, climate finance, partnerships, SDGs, sustainable finance