M&G Invests $100 Million in responsAbility’s Asia Climate Strategy
By Mark Segal
M&G plc’s impact investing unit responsAbility Investments announced today that it has raised over $200 million for its climate investment strategy for Asia at the fund’s second closing, including a $100 million investment from M&G’s Life business.
Launched in November 2023, the climate strategy aims to contribute to CO2 reduction in Asia through targeted investments in low-emission technologies, addressing an urgent need for investment in climate-friendly solutions and infrastructure in Asia. The fund’s first close included investments from Germany’s development bank KfW and the Dutch development bank FMO.
Photo courtesy of geralt.
Source: ESG Today (link opens in a new window)
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