Swiss investor launches $500m Asia-focused climate strategy

Firm called responsAbility Investments targets renewable energy, other sectors

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Asia is increasingly turning to wind and other sources of renewable energy as it battles to reduce carbon emissions. © Reuters

TABITA DIELA, DealStreetAsia

JAKARTA -- Swiss impact investor responsAbility Investments has announced a $500 million climate investment strategy as part of a collaborated response to rising carbon dioxide emissions in Asia, according to a statement on Tuesday.

German state-owned development bank KfW and Dutch development bank FMO are anchor investors in the strategy that aims to make investments in low-emission technologies and attract institutional investors. "Our investment strategy appeals to institutional investors who are looking for both environmental impact and financial value from their investment," said Ewout van der Molen, responsAbility's head of climate finance.

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