$9bn UK development fund doubles down on Asia climate finance
The fund is set to increase its climate investments disproportionately in Asia in the coming years, according to CEO Nick O'Donohoe.
British International Investment (BII), the UK’s $9.2 billion foreign development finance institution, is stepping up its search for co-investment opportunities in Asia alongside pension funds, insurers and other institutional investors, for major climate infrastructure and climate finance projects.
The fund is set to increase its climate investments disproportionately in Asia in the coming years, according to CEO Nick O’Donohoe and board Chair Diana Layfield.
“Climate is going …
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