LeapFrog plans $500 mln investment in Asian, African climate transition firms

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Sustainability-focused asset manager LeapFrog Investments said it plans to invest $500 million in companies addressing climate change in Asia and Africa, with projects it hopes will reach up to 50 million low-income people.

The commitment was announced at the Climate Finance Mobilisation Forum in Britain on Monday, attended by finance leaders, companies and philanthropic bodies with the aim of bolstering private capital flows to emerging economies.

By 2030, overall investments in the four sectors could help developing countries create up to 90 million new jobs, it added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines