UK Fund Targets $20 Billion for Clean Energy in Developing Economies

Africa: British International Investment Targets £9bn New Capital for Africa Economic Growth

British International Investment (BII), has launched its new five-year strategy, with the aim to drive £9 billion of new capital into Africa to support economic growth.

UK Fund Targets $20 Billion for Clean Energy in Developing Economies

The UK's development finance institution and impact investor, British International Investment, plans to mobilize about $20 billion in new capital into developing countries to help them with energy supply and boost climate initiatives. The new five-year strategy of the British International Investment (BII) is focused on accelerating the flow of private capital to developing countries, the UK development finance institution said on Thursday. Of …

BII launches $1.5B new climate initiative for Asia

British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has on Thursday launched $1.5 billion new climate initiative for Asia. The bank said in a statement that it would consolidate its role as a key climate investor in its markets with the launch of British Climate Partners (BCP). The initiative will focus on investments that will support emissions reduction in countries that have coal-b…

BII launches British Climate Partners to accelerate energy transition in Asian developing economies

BCP is a new £1.1 billion ($1.48 billion) initiative designed to mobilise private capital at scale to support the energy transition in Asian developing economies and accelerate progress towards net-zero. Asian countries accounted for around three quarters of global coal demand in 2024, placing the region at the centre of the global energy transition challenge. Furthermore, the scale of investment required to transition away from coal remains sig…

British International Investment Unveils New Five-Year Strategy And Launches £1.1 Billion British Climate Partners To Boost Asia’s Energy Transition

British International Investment (BII) has unveiled a five-year strategy that includes the launch of British Climate Partners, a £1.1 billion initiative to boost private investment for energy transitions in developing Asian nations. The strategy aims to enhance climate finance investments, targeting regions reliant on coal, while also promoting gender equality and supporting least developed countries. The post British International Investment Un…

UK development body launches climate initiative with eye on India's energy transition

London, Apr 23 (PTI) British International Investment (BII) on Thursday launched a new climate initiative targeted at accelerating energy transition, with India among the key focus economies. The UK’s development finance institution and impact investor said its new British Climate Partners (BCP) initiative, worth 1.1 billion pounds, is designed to mobilise private capital at scale to support developing economies in Asia to accelerate progress to…