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01.03.2025

British International Investment Partners with Mercer to Position the City of London as a Leader in Climate Finance

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British International Investment Partners with Mercer to Position the City of London as a Leader in Climate Finance

CWEIC’s Strategic Partner, British International Investment (BII), the UK’s development finance institution and impact investor, has partnered with the City of London’s institutional investors to reinforce the UK’s leadership in climate finance. As part of this initiative, BII has allocated an initial £50 million of concessionary capital to mitigate risks and attract private investments into climate-related projects in emerging economies.

BII is partnering with Mercer, a global investment firm, to encourage the asset manager community to develop investment solutions, which will help to unlock private investment into climate related projects in emerging economies. It will also seek to address the gap between the risk appetite and return thresholds of institutional investors, thereby unlocking private capital for sectors such as clean energy and infrastructure in developing markets.

Read more here: https://www.bii.co.uk/en/news-insight/news/british-international-investment-to-partner-with-city-of-londons-institutional-investors-to-consolidate-the-uks-position-as-global-leader-in-climate-finance/?fl=true