The Hague, 14 April 2026: Climate Fund Managers, a climate-focused blended finance investment manager, has been named Investor of the Year (Asset Manager) at the 2026 Environmental Finance Sustainable Debt Awards, recognising its role in advancing blended finance solutions for climate adaptation in emerging markets.
Organised by Environmental Finance, a leading international media publication covering sustainable investment and green finance markets, the Sustainable Debt Awards recognise leading transactions and institutions in global sustainable debt markets, including green, social and sustainability-linked finance.
The award recognised two key sustainable debt achievements delivered by Climate Fund Managers and its partners in 2025:
- The GAIA Climate Loan Fund, co-founded by FinDev Canada, MUFG and the Green Climate Fund, reached a first close of USD 600 million. The fund, Climate Fund Managers’ first private credit vehicle, provides long-term loans to climate mitigation and adaptation projects in emerging markets, including Least Developed Countries and Small Island Developing States. As noted by one of the awards judges, the GAIA Climate Loan Fund “bridges a critical funding gap for infrastructure assets… that have often struggled to have their capital needs met.”
- The final close of Climate Investor Two (CI2) at USD 1.065 billion, making it the largest climate adaptation infrastructure fund focused on emerging markets. The fund includes an innovative Bridge-to-Bond structure facilitated by our strategic partner, Sanlam Investments, based in South Africa. The facility’s structure includes a bridge loan from Sanlam Alternative Investments, supported by an EFSD+ guarantee from the European Commission. The bridge loan is envisioned to be taken out through a climate bond, creating a pathway for fixed income investors to access CI2’s underlying adaptation assets across water, waste and oceans infrastructure.
The awards judges commented Climate Fund Managers is “highly innovative in areas that deserve highlighting: adaptation and debt platforms/ mobilisation.”
Read more at Environmental Finance: environmental-finance.com
Notes to Editors
About Climate Fund Managers:
Climate Fund Managers is a climate-focused blended finance investment manager operating in emerging markets across Africa, Asia, and Latin America. It raises and deploys blended climate finance funds, working in partnership to deliver climate-resilient solutions at scale and pace. With over USD 2.8 billion in assets under management, Climate Fund Managers’ private equity and private credit facilities address key areas of climate change mitigation and adaptation, including: renewable energy; energy transition and green hydrogen; water, waste and maritime; and sustainable cities and the built environment. Climate Fund Managers currently has 50 active projects across its Climate Investor One, Two and Three equity funds and has recently expanded into private credit through the GAIA Climate Loan Fund. Its funds are supported by public and private sector organisations. Public capital is deployed strategically to balance risk and mobilise private sector capital, enabling investment across the project lifecycle – from development to construction and operation. Established in 2015, Climate Fund Managers is a joint venture between Dutch development bank FMO and Sanlam InfraWorks of the Sanlam Group of South Africa, with offices in The Hague, Cape Town, Singapore, and Bogotá. www.climatefundmanagers.com
Media Enquiries:
For more information, please contact Sophie Blythe: s.blythe@climatefundmanagers.com.
Disclaimer
Climate Fund Managers is a manager of alternative investment funds and has obtained an AIFMD license from the Dutch Authority for the Financial Markets (Autoriteit financiële markten) pursuant to section 2:65 of the Dutch Act on Financial (Wet op het financieel toezicht). Climate Fund Managers is included in the public register maintained by the AFM on its website under license number 15004367. Climate Fund Managers is the appointed fund manager of Climate Investor One, Climate Investor Two, Climate Investor Three and the GAIA Climate Loan Fund SCSp. The Construction Equity Funds of Climate Investor One and Climate Investor Two; the Climate Investor Three Fund and the GAIA Climate Loan Fund SCSp (société en commandite spéciale established under the laws of the Grand Dutchy of Luxembourg) are registered Alternative Investment Funds with the AFM.
