ImpactA, a women-led emerging markets (EM) infrastructure debt investor, has raised over US$200 million in public and private capital commitments to tackle the critical infrastructure deficit in EMs. Existing investor Legal and General (L&G) committed up to US$100 million to the firm in October 2023 and is now joined by new commitments from UK government programme MOBILIST, the private sector arm of the Inter-American Development Bank Group, IDB Invest and other private investors. “Channelling capital into private debt financing for EMs is crucial to closing the US$4 trillion annual funding gap and achieve the UN Sustainable Development Goals,” said Hannah Gore-Randall. “We believe this investment shortfall also offers investors the opportunity to benefit from the potential for strong returns and diversification to their portfolios that exposure to EMs can provide.” The funds raised will be deployed to provide catalytic financing for sustainable infrastructure in EMs, with a particular focus on mitigating climate challenges and reducing social inequalities across clean and renewable energy, sustainable mobility, health, water, and sanitation. “We are thrilled with the support and collaboration, from both public and private institutions for this important initiative,” said Isabella da Costa Mendes, ImpactA’s Co-founder and Co-CEO. “Through such collaborations, we are providing global investors the confidence to diversify their allocations.”
