ImpactA Global, a women-led emerging markets infrastructure debt investor, has raised more than $200 million in public and private capital commitments for its fund that seeks to tackle the critical infrastructure deficit in emerging markets.
Existing investor L&G, which committed up to $100 million to the firm in October 2023, is joined by new commitments from U.K. government program Mobilist, the private sector arm of the Inter-American Development Bank Group IDB Invest and other private investors.
The funds will be deployed to provide vital and catalytic financing for sustainable infrastructure in emerging markets, with a focus on addressing climate challenges and reducing social inequalities in the following sectors: clean and renewable energy, sustainable mobility, health, water and sanitation.
The International Environment Agency estimates in order to reach net-zero emissions by 2050, emerging markets require between $2.2 trillion and $2.8 trillion of c
