responsAbility Asia Climate Strategy surpasses USD 350 Million at Third Closing

Zurich, 15 January 2025 – Global impact pioneer responsAbility Investments has successfully expanded its Asia Climate Strategy to over USD 350 million in a third closing, outpacing early private sector capital mobilization targets and marking a significant step toward its ultimate fundraising goal. With more than half of the total commitments now coming from private sector investors, the strategy underscores its ability to deliver on its promise of unlocking substantial private sector funding for impactful climate solutions. Positioned as one of the largest climate-focussed initiatives globally, the strategy is on track to achieve its USD 500 million target by 2025, advancing targeted investments in low-emission solutions across Asia and aiming to achieve total CO₂ savings of approximately 16 million tons¹ over lifetime of its assets.

Following a strong start and delivering on its objectives, the strategy has continued to gain momentum, reinforcing its position as a leading climate-focused initiative. Thanks to KfW, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), which increased its junior capital commitment by an additional EUR 20 million as a sign of confidence in the strategy’s success, the third closing catalyzed another USD 100 million from institutional investors. This achievement brings total private sector commitments to over USD 200 million - more than half of the strategy’s total volume - while public and development finance institution contributions amount to USD 154 million. These results underline the effectiveness of the strategy’s blended finance structure in unlocking significant private sector funding for impactful climate investments across Asia.

Stephanie Bilo, Chief Client & Investment Solutions Officer at responsAbility, said: “Financing the energy transition in emerging markets like Asia requires close collaboration between the public actors and the private sector. Our strategy and blended finance structure provides institutional investors with access to attractive, risk-adjusted investment opportunities that also contribute significantly to decarbonizing the region."

Investments with measurable climate impact

The Asia Climate Strategy focuses on sectors with significant CO₂ reduction potential, including renewable energy, battery storage and e-mobility, energy efficiency, and the circular economy. The strategy aims to achieve total CO₂ savings of approximately 16 million tons over the lifetime of its assets. A rigorous “Climate Impact Assessment and Monitoring Framework” ensures transparency and accountability for the impact achieved.

Asia’s pivotal role in climate action

Asia, as the world’s largest emitter of greenhouse gases, accounts for over 50% of global CO₂ emissions.² At the same time, the region is expected to see a significant increase in energy demand by 2050. The responsAbility Asia Climate Strategy is designed to address these challenges through targeted investments in climate-friendly technologies and infrastructure.

Looking ahead

With additional closings planned for 2025, responsAbility aims to reach its USD 500 million target. The strategy will continue to play a crucial role in mobilizing capital for Asia’s energy transition and helping the region reduce its greenhouse gas emissions.

¹ Current estimate, calculated based on a USD 500 million fund size ² Asia and the Pacific's Climate Bank | Asian Development Bank (adb.org)