Aligned Intermediary Statement On The Climate Finance Partnership
NEW YORK—On September 26th, France, Germany, the Hewlett Foundation, Grantham Foundation, IKEA Foundation, and asset manager BlackRock announced the Climate Finance Partnership (CFP) at the One Planet Summit in New York. The Climate Finance Partnership is an unprecedented cooperation between philanthropies, governments and private investors, which have committed to jointly develop an investment vehicle aimed at investing in climate infrastructure in emerging markets. Aligned Intermediary advised the parties over the past twelve months regarding the design and strategy of the CFP.
In response to the CFP announcement, Aligned Intermediary CEO Peter Davidson released the following statement:
“The Climate Finance Partnership is a major step forward for the field of climate finance. This is a groundbreaking effort between some of the world’s largest investors, governments, and philanthropies to launch a flagship investment fund focused exclusively on climate change solutions in emerging markets. I am proud that Aligned Intermediary played a central role in designing and launching this groundbreaking partnership by advising the private and public sector partners.”
About Aligned Intermediary
Aligned Intermediary (AI) is an investment advisor committed to solving climate change by helping the world’s largest investors expand their investments into climate infrastructure assets—clean energy, clean water, and clean transportation. AI believes that tripling global investments in new climate infrastructure projects can prevent the worst effects of climate change. The organization achieves its mission by managing capital on behalf of investors, creating new investment products, and advising investors on the opportunities available in this growing sector.