Environment

Finance in Motion releases impact investment report Road to Impact

finance-in-motion-road-to-impact

Published

May 14, 2020

Country

Comments

0

Share

Published:

May 14, 2020

Country:

Comments:

0

Share

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).

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Turkey one third world geothermal greenhouses

Turkey accounts for one third of world’s geothermal greenhouses

05 August 2022 - The surface of greenhouses heated with geothermal energy in Turkey grew 400% since 2002, says Mücahit Kıvrak from the Balıkesir University

Serbia target emissions cut 40 3 by 2030 upcoming NECP

Serbia to target emissions cut of 40.3% by 2030 in upcoming NECP

27 July 2022 - Serbia presented the preliminary goals for its integrated national energy and climate plan as it is about to start a public debate

GGF takes green finance graduates on study tour in Berlin

14 July 2022 - GGF's Technical Assistance Facility and the Renewables Academy (RENAC) hosted a study tour in Berlin for the graduates of the Green Finance Expert Course

Green for Growth Fund record expansion 2021

Green for Growth Fund achieves record expansion in 2021

12 July 2022 - GGF recorded its strongest ever net growth in its outstanding portfolio, with EUR 1.3 billion in green loans to over 42,000 end borrowers