25

investment countries

22.5

m tonnes of projected CO2 emission
reductions from projects financed to date

44

percent average COemission
reductions of projects

734

M USD committed capital
from investors

| Press Releases

GCPF SUPPORTS MANUFACTURING OF VIETNAM’S FIRST E-BUS FLEET AND EV CHARGING NETWORK

Catalyzing the transition to clean energy in Asia

Zurich, 23 November 2022 — The Global Climate Partnership Fund (“GCPF”), for which  responsAbility Investments AG acts as investment manager, along with Asian Development Bank (ADB) as mandated lead arranger, Export Finance Australia, the Finnish Fund for Industrial Cooperation and Oesterreichische Entwicklungsbank AG, have provided long-term debt financing amounting to USD 135 million to VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing the first e-bus fleet and electric vehicle (EV) charging station network in Vietnam.

| Insight

GCPF regional workshop series on social risk management best practice

Insights from the first 2022 in-person event

On September 15 and 16, 2022 an Environmental and Social (E&S) risk management workshop was held in Lima, organized by responsAbility for the partners of the Global Climate Partnership Fund (GCPF). The event brought together representatives of 14 financial institutions from 11 Latin American countries to discuss best practices related to social risk management. The workshop was made possible with financial support from the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the UK’s Department for Business, Energy & Industrial Strategy (BEIS) and the Fund’s contribution to the Technical Assistance Facility.

About GCPF

As an innovative impact investing fund, GCPF provides energy efficiency and renewable energy financing in order to mitigate climate change and drive sustainable growth in developing and emerging markets. The fund mainly invests through local financial institutions but also directly.

Contact

info@gcpf.lu