Investment Profile

Allied Climate Partners

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Allied Climate Partners (ACP) is a blended finance platform aiming to increase the pipeline of bankable climate projects in the Global South, encourage DFIs and commercial investors to take on more early-stage development risk, and crowd in more capital to accelerate a just, low carbon transition. ACP selects regional investment managers in emerging economies across Southeast Asia ($135M), Africa, Latin America and the Caribbean, and India ($235M each), and supports them with first-loss capital, expertise, and the mandate to address a critical financing gap at the early, risk-oriented stages of the development process for climate-related projects and asset-oriented businesses.
Commuters ride an electric double-decker bus in Mumbai.
Commuters ride an electric AC double-decker bus in Mumbai, India, on February 21, 2023. © Bhushan Koyande/Hindustan
Type Indirect
Geography Global
Date 2024