Renaissance Philanthropy

About the fund

Tertiary Impact Capital is a blended finance vehicle that provides loan guarantees to facilitate philanthropic investments in sustainable infrastructure projects and climate technology. The fund, managed by Renaissance Philanthropy, strategically deploys capital to de-risk investments in energy and electrification sectors, enabling foundations to participate in climate finance opportunities they might otherwise avoid due to perceived risk. By utilizing guarantee mechanisms rather than direct investment, the fund creates a multiplier effect that can mobilize significantly more capital toward climate solutions than traditional grant-making approaches. Tertiary Impact Capital primarily serves foundation limited partners seeking to align their investment portfolios with their environmental missions while preserving capital for future philanthropic activities.

Limited PartnersAstera Institute