Climate Fund Managers has joined the Climate Bonds Initiative’s Network Membership, marking a new step in its efforts to support climate action and help expand the global sustainable finance market. Through this membership, the organisation will contribute to Climate Bonds’ mission of mobilising capital toward climate-focused investments, particularly in regions where financing needs are greatest.
Climate Fund Managers is a climate-focused blended finance investment manager working across emerging markets in Africa, Asia, and Latin America. In partnership with the European Commission, it is collaborating with the Climate Bonds Initiative to help connect global institutional fixed-income investors with climate action opportunities in emerging markets through blended finance investment vehicles.
The organisation currently manages more than USD 2.8 billion in assets and is targeting an additional USD 4 billion. Its blended private equity and private credit investment vehicles focus on major climate mitigation and adaptation sectors, including renewable energy, energy transition and green hydrogen, water, waste and maritime, and sustainable cities and the built environment. Climate Fund Managers currently supports 50 active projects through its Climate Investor One, Two, and Three equity funds, and has recently expanded into private credit through the GAIA Climate Loan Fund.
By joining the Climate Bonds Network, Climate Fund Managers becomes part of a global membership community of more than 85 organisations, including banks, investors, governments, regulators, issuers, and industry leaders. Membership offers benefits such as greater visibility and credibility, access to Climate Bonds’ technical research and market intelligence, and opportunities to engage in exclusive roundtables, consultations, and technical reviews that help shape standards, taxonomies, and market frameworks in sustainable finance.
Members of the network also receive access to specialised training delivered by Climate Bonds experts. These sessions cover both foundational and advanced topics across key climate finance areas, including green, social, sustainability, and sustainability-linked (GSS+) bonds, transition finance strategies, and adaptation and resilience planning.
Climate Bonds Initiative CEO Sean Kidney highlighted the importance of investment in emerging markets, noting that around 70% of the climate investments needed globally will be in these regions. He praised Climate Fund Managers for its innovative blended finance approach, which is helping make markets in Africa and South Asia more accessible to major institutional investors such as pension and insurance funds.
Climate Fund Managers CEO Andrew Johnstone said there is growing institutional demand to allocate capital to climate action. He explained that by working with the Climate Bonds Initiative and the European Commission, the organisation aims to create greater access for global fixed-income investors to blended finance vehicles that support large-scale climate mitigation and adaptation in emerging markets, where financing gaps remain most severe.
Overall, Climate Fund Managers’ membership in the Climate Bonds Network strengthens its position as a key blended finance innovator, helping align institutional investment with climate impact while supporting the development of sustainable finance solutions at scale.
