In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact.
The asset manager said that by the end of last year it was advising funds with EUR 2.5 billion in assets, having unleashed a record total of over EUR 4.5 billion for sustainable development in more than 30 low to middle-income countries across five regions since the launch of the first fund.
A record total of over EUR 4.5 billion has been unleashed for sustainable development in more than 30 countries
Finance in Motion revealed it launched the 1,000th technical assistance project to supplement these investment activities and enhance their impact.
The report adds its support has led to 3,423 GWh of energy saved annually, and 948 MW of renewable energy capacity installed by year-end 2019.
The Road to Impact presents the asset manager’s strategic framework for achieving social, environmental, and financial returns, illustrated by specific achievements of 2019.
The publication also offers a look back at the development of Finance in Motion over the decade since it was established in 2009, including through a specially released video interview with managing directors Elvira Lefting and Florian Meister, the press release adds.
Lefting said the publication comes at a time when the world urgently needs targeted capital to tackle global challenges.
“Low and middle-income countries are being especially hard hit by the economic ramifications of the coronavirus outbreak. Impact investors play an important role in unleashing funds to address the needs of these communities. Therefore, the usual sense of celebration surrounding the release of our annual Impact Investment Report is, for us, rather replaced by our determination to double down on our mission: to harness the power of finance to make a positive difference for people and planet,” she stated.
Finance in Motion advises the Green for Growth Fund (GGF).
Our #ImpactInvestment Report is out! “Road to Impact” presents how we achieve our #impact goals, illustrated by highlights from 2019: https://t.co/B0ekFdMWsi Enjoy the read!#impinv #SDGs pic.twitter.com/pSqsmzF351
— Finance in Motion (@FinanceinMotion) May 14, 2020