IFC and Amundi raise $1.4 billion to buy emerging markets green bonds

  • Mexico and India... are among the top 10 green bond issuers, but activity in other emerging markets is low.
  • The fund...now called Amundi Planet–Emerging Green One fund, has raised $1.4 billion from 16 institutional investors, including pension funds and insurance companies...

Will markets trump policy on electric vehicles in India?

Nitin Gadkari, the Indian Minister for Road and Transport, recently called the government’s plan for 100% electric vehicles by 2030 “too ambitious,” suggesting 30% was more likely. Gadkari also said no new incentives will be provided to the industry beyond what’s already in place. Even without incentives, the growth of India’s EV market is continuing. Mahindra

Inclusive venture capital, high-growth Ethiopian businesses, India’s electric vehicle market

Greetings, ImpactAlpha readers! #Featured: New Revivalists Brian Dixon: The 34-year-old African-American VC turning inclusion into a competitive advantage. Call it the new face of venture capital. Kapor Capital is quietly building one of the youngest, most talented and most diverse teams of venture capitalists in the industry. That team includes Brian Dixon, who at 34,

Shell buys EV-charging company NewMotion

Royal Dutch Shell is hedging its bets as more countries commit to taking vehicles that burn fossil fuels off the road. The world’s sixth-largest oil company is buying Netherlands-based NewMotion, which makes public and home-based electric-vehicle chargers. Financial terms weren’t disclosed. Although less than 1% of cars sold today are electric, hybrid and all-electric vehicles could

Envision Solar secures $4.5 million for solar electric-car charging

Envision Solar has secured $4.5 million for solar electric-car charging. The San Diego-based company has developed a solar charging station for electric vehicles that can fit within a standard parking space and generate enough power for 225 miles of driving time. The company raised the $4.5 million in debt capital from an unnamed investor.

Sustainable cellphone maker Fairphone raises $7.7 million

The Dutch “responsible electronics” startup launched four years ago, selling a modular cellphone handset made with sustainably sourced minerals, and funded through crowdsourcing. The latest round is backed by Pymwymic Impact Investing Cooperative and DOEN Participaties, the investment arm of the Dutch DOEN Foundation. The funds will be used for material sourcing, production, distribution, recycling