EMCAF Portfolio
The Emerging Market Climate Action Fund („EMCAF“) targets climate mitigation and adaptation as well as sustainable funds active in emerging and developing countries. The following funds are portfolio investments of EMCAF and demonstrate the scope and range of investments across various themes, impact areas and geographies.
ARCH Cold Chain Solutions East Africa Fund
EMCAF has committed USD 15mn to ARCH Cold Chain Solutions East Africa Fund LP, advised by ARCH Emerging Markets.
The Fund finances greenfield development, construction and operation of temperature-controlled storage and distribution facilities in East Africa to reduce high rates of food spoilage due to lack of refrigeration. The Fund operates at the nexus of climate change, food security and health, with clients and beneficiaries expected to be active mainly in the agriculture/food and pharmaceuticals (incl. vaccines) sectors.
Alcazar Energy Partners II (AEP II)
EMCAF has committed USD 25mn to Alcazar Energy Partners II advised by Alcazar Energy.
The Fund finances greenfield development, construction and operation of renewable energy projects primarily in the Middle East and North Africa. It is expected that this fund will enable the development and construction of over 2GW of clean energy capacity in its target markets. This investment will contribute to:
Evolution III Fund
EMCAF has committed USD 20mn to Evolution III Fund managed by Inspired Evolution.
The Fund finances energy transition across the African continent, focusing on greenfield and expansion opportunities in the utility-scale, decentralized C&I, as well as off-grid renewable energy space. It will also invest in resource efficiency-focused businesses that do more with less and reduce resource footprint. This investment will contribute to:
South Asia Growth Fund III
EMCAF has committed USD 30mn to South Asia Growth Fund III managed by GEF Capital Partners.
The Fund will provide growth capital to mid-market companies which aim to contribute to climate mitigation and adaptation across renewable energy, energy efficiency, food security, water security and mobility sectors and their related value chains in India and opportunistically in Southeast Asia.
Website for the Emerging Markets Climate Action Fund, an initiative together with the European Investment Bank. The fund is approved by the BaFin, but we do not seek external investors for this fund. The website is for image and information purposes only, specifically for certain persons having professional investment experience or potential target funds .
Multi-Asset private impact investments are highly illiquid and designed for professional investors pursuing a long-term investment strategy only.
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