The Asian Infrastructure Investment Bank (AIIB) has signed a USD100 million commitment toward climate transition investments in emerging Asia. Of the total commitment, USD75 million is committed to the Actis Asia Climate Transition Fund (the Fund), managed by Actis GP LLP, and up to USD25 million co-investment sleeve alongside the fund.
This marks AIIB’s first climate transition-themed fund dedicated to emerging Asia and highlights the Bank’s commitment to sustainable development and climate change mitigation in the region.
“Our commitment to the Actis Asia Climate Transition Fund underscores AIIB’s dedication to financing sustainable infrastructure and fostering low-carbon solutions in Asia,” said Rajat Misra, AIIB Acting Vice President, Investment Clients, Region 1 & Financial Institutions and Funds, Global. “This partnership aligns with our climate strategy and sets a precedent for future investments aimed at achieving net-zero emissions while promoting gender equality in the energy sector.”
The Fund aims to invest in renewable energy infrastructure, energy solutions and sustainable transportation which lean toward emerging Asia.
Project Highlights:
- Strong Sustainability Credentials—The Actis Asia Climate Transition strategy was established to meet investor demand for an SFDR Article 9 investment strategy which is focused on net zero and decarbonization assets aimed at supporting climate solutions including energy efficiency, smart grids, district energy and sustainable transportation. AIIB will gain access to Actis’ proprietary sustainability toolkit for direct investments, including enhanced governance framework, processes and metrics that will persist beyond exit.
- Demonstration Effect on Gender Focus—The Project marks AIIB’s first equity position in an energy transition infrastructure-focused fund which is committed to addressing gender gaps in the energy sector, enabling learning opportunities for the development of gender considerations in future investments.
- Strategic Partnership that Drives Environmental and Social Impact—As an emerging market-focused sustainable infrastructure investor, the Fund will be Actis’ first climate-transition strategy. The collaboration highlights AIIB’s proactive approach to forming strategic partnerships and demonstrates AIIB’s dedication to financing sustainable infrastructure and fostering low-carbon solutions in Asia.
