Algeria 
Bahrain 
Egypt 
Iran 
Iraq 
Israel 
Jordan 
Kuwait 
Lebanon 
Libya 
Morocco 
Oman 
Palestine * 
Qatar 
Saudi Arabia 
Syria 
Tunisia 
United Arab Emirates 
Yemen EIB and AllianzGI support climate action projects in emerging and developing countries
The European Investment Bank (EIB) and Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, today launched the Emerging Market Climate Action Fund (EMCAF) in a public and private partnership with the Governments of Germany and Luxembourg, the Nordic Development Fund, Allianz, Folksam and EIB being anchor investors.
EMCAF is a fund of funds that supports climate-focused investment funds and projects active in emerging markets and developing countries. Its focus will be on climate mitigation, climate adaptation, and access to electricity.
With a target size of €500 million, EMCAF aspires to become a European flagship impact investing initiative, mobilising substantial amounts of private capital to get climate action projects off the ground in Africa, Asia, Latin America and the Middle East. EMCAF investments are expected to support a significant amount of new clean energy capacity globally.
For more information
Countries covered:
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Algeria
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Bahrain
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Egypt
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Iran
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Iraq
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Israel
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Jordan
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Kuwait
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Lebanon
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Libya
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Morocco
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Oman
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Palestine *
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Qatar
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Saudi Arabia
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Syria
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Tunisia
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United Arab Emirates
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Yemen
