UK institution with $8bn portfolio invests in climate action fund targeting India
The announcement was part of six climate finance commitments made by British International Investment at the ongoing UN climate change conference, known as COP28, in Dubai.
British International Investment (BII) $25 million investment in a private equity fund that targets mainly India for climate finance is another step towards fulfiling its goal of investing up to $1 billion in climate-related projects in the country by 2026.
The UK’s development finance institution and impact investor recently announced its commitment to the GEF South Asia Growth Fund III’s first close.
The announcement was part of six climate finance commitments made by BII at t…
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