The Luxembourg Ministry of Finance, the UK-based Schroders Group and its Switzerland-based unit BlueOrchard Finance recently agreed to initiate a fund to raise public and private capital to promote “climate mitigation, climate adaptation, and the protection of water and biodiversity.” Finance Minister Yuriko Backes stated that the plan “supports sustainable investments and contributes to resilient economies in emerging markets.” BlueOrchard will serve as
Tag: Schroders
MICROCAPITAL BRIEF: BlueOrchard Raises $140m for “COVID-19 Emerging and Frontier Markets MSME Support Fund” from Schroders, Japan, UK, US
BlueOrchard Impact Investment Managers, a member of the UK-based Schroders Group, recently partnered with Schroders and three development finance institutions to launch an initiative to fund lenders serving micro-, small and medium-sized enterprises (MSMEs) in developing countries that have been disrupted by the COVID-19 pandemic. The group of investors, which has committed a total of