Emerging Market Climate Action Fund (EMCAF) II

The Emerging Market Climate Action Fund (EMCAF) is a fund of funds to support fund managers who implement economically viable climate protection and adaptation projects in emerging and developing countries. Geographically, the fund will be active in developing countries worldwide. At least 25% of total commitments will be channelled to Africa. It is expected that the majority of investments will be in renewable energy (RE) and energy efficiency (EE), followed by investments in sustainable transport, forestry, rehabilitation/restoration of degraded land, water and sanitation, and circular economy. All investments will be made either as indirect investments through a fund or platform or as co-investments alongside target funds or platforms that are part of the EMCAF portfolio.