responsAbility Raises Over $350 Million for Asia-Focused Climate Tech Investment Strategy
M&G’s impact investing unit responsAbility Investments announced today that it has raised over $350 million for its Asia Climate Strategy, aimed at actively contributing to CO2 reduction in Asia through targeted investments in low-emission technologies.
Launched in November 2023, the strategy was established with a target to reach $500 million, and a goal to achieve 16 million tons of CO2 emissions reductions over lifetime of its assets. With the announcement of the new closing, responsAbility said that the fund has outpaced its initial private sector capital mobilization targets, and is on track to reach its $500 million goal this year.
According to responsAbility, the third closing included…
