Swiss impact asset manager responsAbility Investments has successfully completed the fifth close of its Asia Climate Strategy, bringing total commitments to US$460 million.

New commitments of US$46 million from Anthos Fund & Asset Management, Calvert Impact Capital, a subsidiary of US-based impact investing firm Calvert Impact, and the International Finance Corporation ( IFC ), a member of the World Bank Group, reinforce momentum towards the final close of US$500 million.

The strategy aims to invest in low-carbon solutions across Asia and achieve substantial carbon dioxide emissions reductions over the lifetime of its investments. Supported by the German Federal Ministry for Economic Cooperation and Development through KfW, the strategy continues to demonstrate the catalytic power of blended finance.

By combining public capital with private sector participation, the structure, responsAbility notes, mobilizes commercial investors at scale and directs capital to companies and projects that reduce emissions and accelerate the energy transition in South and Southeast Asia. Priority sectors include renewable energy, energy efficiency, battery storage and electric mobility.

The closing adds two partners to the capital stack. Anthos Fund & Asset Management, based in the Netherlands, brings a consistent emphasis on combining impact with robust financial fundamentals. From the outset, Anthos, responsAbility points out, made clear that credible business models must be at the core of any climate investment. Their commitment reflects a shared focus on financially sound climate solutions with measurable impact.

Calvert Impact Capital, a long-standing partner of responsAbility across several strategies, brings deep experience in mobilizing private capital for social and environmental impact. Their renewed commitment, responsAbility shares, underscores the appetite of mission-driven investors to align capital with climate objectives in emerging markets.

As a member of the World Bank Group, IFC contributed a renewed commitment that aligns with its strategic priorities to decarbonize energy and transport systems in Asia. IFC is the largest development finance institution focused on the private sector in emerging markets and plays a catalytic role in mobilizing private capital at scale to accelerate sustainable growth in the region.

The Asia Climate Strategy embeds transparent and measurable climate impact. Investments follow a rigorous climate impact assessment and monitoring framework, applying both ex-ante and ex-post methodologies, using standardized baselines and validated data, and reporting outcomes at both project and strategy level.

In line with the impact investment principles, the strategy’s governance structure, responsAbility adds, links carried interest to impact performance through a dedicated impact hurdle that is assessed alongside the financial hurdle rate.

“Addressing climate challenges requires private and public capital work together on targeted, ambitious solutions and that’s exactly what this fund does,” says Catherine Godschalk, Calvert Impact’s chief investment officer. “We’re excited to continue to support the Asia Climate Strategy in financing a broad range of climate solutions with potential for meaningful scale and deep impact in such a critical region.”

Stephanie Bilo, responsAbility’s chief client and investment solutions officer, adds: “With this closing we are seeing sustained demand from commercial and value-driven investors who seek attractive risk-adjusted returns together with measurable climate outcomes. These renewed commitments from long-standing partners reflect continued confidence in our strategy and its ability to deliver both impact and performance.”