responsAbility funding news – Zurich-based responsAbility Raises $100Million in Funding

Ciaran Mulligan, chief investment officer of M&G, stated in an interview with Impact Investor that there is currently a compelling case for investing in private assets with an impact emphasis in emerging nations, underscoring the increased interest of global investors in the energy transition.

Mulligan said, “The access to deal flow and the propensity of investors looking at regions such as Vietnam isn’t as developed as with other regions, so you have to really seek these deals out,”.

The investment is a component of the November 2023 launch of responsAbility's climate investment strategy. The Dutch development bank FMO and the German development bank KfW are among the fund's current investors.

This most recent investment follows responsAbility's announcement, as reported by Impact Investor, that it intended to invest up to $35 million in AMPIN Energy Transition, an Indian developer of renewable energy projects supporting India's green energy push.

Read also - Credo AI funding news – Brussels-based Credo AI Secures €19.4 Million in Funding

Investments in infrastructure and climate-friendly technology are becoming more and more necessary in growing markets. In addition, Asia has two major challenges ahead of it: it is already the world's largest producer of greenhouse gases, producing over half of the world's CO2 emissions, and by 2050, energy demand is expected to rise sharply.

About responsAbility

responsAbility Investments AG is a leading impact asset manager specializing in private market investments across three investment themes. These themes directly contribute to the United Nations Sustainable Development Goals (SDGs): Financial Inclusion, to finance the growth of Micro & SMEs; Climate Finance, to contribute to a net zero pathway; and Sustainable Food, to sustainably feed an ever-growing population.