ILX

World leaders announce the new collective quantified goal on climate finance, which includes a central commitment to channel $300bn each year toward developing countries. ILX say the pledges made at COP29 highlight the need for further collaboration between public and private finance to achieve international climate goals. #ClimateFinance #COP29 #PensionsforPurpose https://zurl.co/JcXjB

🗣️ This week, ILX's CIO, Elvira Eurlings, travelled to Miami to attend the Global Banking & Markets: Latin America - Bonds, Loans and ESG. She participated in the panel "Development Finance as an Asset Class: Demystifying Perception vs. Reality", where she discussed the performance of the development finance asset class, the perception of risk, and how can Emerging Markets investment be increased. Elvira was joined by Diego Ocampo from S&P Global, Arsalan Mahtafar from J.P. Morgan, and Jean-Baptiste Piette from Santander, while the panel was moderated by Jozef Henriquez from IDB Invest. During the discussion, she emphasised: 1️⃣ The crucial role of data in countering the perception of risk and closing the gap between perceived and actual risk. 2️⃣ The diverse opportunities in the Latin American region for co-financing alongside Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs). Reach out if you want to learn more! Event here: https://lnkd.in/dm4dVBPY

🌍 At #COP29, world leaders committed to mobilising $1.3 trillion annually by 2035 to support climate action in Emerging Markets. This includes $300 billion each year coming from developed countries. ILX, while participating in various senior-level panel discussions, highlighted the central role of Multilateral Development Banks when closing the financing gap. These institutions aim to mobilise $65 billion from the private sector towards emerging markets in addition to their $120 billion collective climate financing. Business models such as ILX are a good example of how MDBs can boost mobilisation from the private sector. ℹ️ Read more here: https://lnkd.in/d24nq4xE #emergingmarkets #developmentfinance

🗣️ Join ILX's Head of Investor Relations, Sophie Gioanni, on the 14th of January, as she discusses sustainable investment opportunities in Emerging Markets. Investing in these markets is not only essential to close the 4tn annual funding gap, but it is also a great business opportunity for investors, who are looking for both impact and returns.

Reserve your place for a fireside chat with CEO of ILX Fund, Manfred Schepers, recognised for his leadership in responsible investment. Discover how ILX Fund implements ESG principles in emerging market investing and gain practical insights to guide your strategic decisions. Date: 27 November 2024 Time: 15:00 CAT Register now: https://lnkd.in/dHz5Yw76

We are joining FMO - Dutch entrepreneurial development bank, Proparco and ILX to provide a working capital facility of up to $90 million to Robust International. The facility will support the sustainable growth of agricultural sector and create better economic opportunities for smallholder farmers in Africa.   The funds will enable Robust, a trader of agri-commodities, to buy sesame and cashew nuts directly from cooperatives, and farmers locally, and support operations at its new processing facilities in Burkina Faso, Côte d'Ivoire, and Mozambique.   It will contribute to economic growth in the three countries by adding value to the local supply chain. It is expected to create over 1,100 direct jobs at the processing facilities and support up to 600,000 smallholder farmers to improve their incomes.   The investment also aims to mobilise more investment into the agricultural sector in Africa, to drive inclusive economic growth. #EconomicEmpowerment #DevelopmentFinance #EmergingMarkets #ImpactInvesting Dania Siddiqui, Tom Walmsley, Dahlia Farahat, Kavi Unadkat, Robert Kruger, Odunayo Ayorinde, Veronica Hare, Ellen Brookes, Cindy Low, Paul Spence, Abel Semere, Nitesh Khetani, CAMS, Kwabena Asante-Poku Jnr, CFA, Teni Ntoi, Richard Palmer, Stephen Priestley, Maria Smith, John Kelting, Christopher Chijiutomi, Srini Nagarajan, Liz Lloyd, Colin Buckley.

🌍🔦 Insights from the Webinar on '𝘚𝘤𝘢𝘭𝘪𝘯𝘨 𝘐𝘮𝘱𝘢𝘤𝘵 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯 𝘌𝘮𝘦𝘳𝘨𝘪𝘯𝘨 𝘔𝘢𝘳𝘬𝘦𝘵𝘴'. ILX's CIO, Elvira Eurlings, shared our perspective on the topic at the recent NAB event. Key takeaways: 𝟭. 𝗗𝗮𝘁𝗮-𝗗𝗿𝗶𝘃𝗲𝗻 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: The role of data has been pivotal in ILX’s setup and investor engagements. ILX demonstrated the historical performance of the MDB investment asset class over the last 30 years, compared to other sub-investment grade asset classes. 𝟮. 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 𝘄𝗶𝘁𝗵 𝗣𝗶𝗼𝗻𝗲𝗲𝗿𝘀: Collaborating with pioneering impact investors like MDBs and DFIs allows ILX to leverage their excellent credit track record, on-ground insights, and expertise in environmental and social (E&S) aspects, as well as impact measurement. 𝟯. 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗗𝗲𝗯𝘁 𝗳𝗼𝗿 𝗜𝗺𝗽𝗮𝗰𝘁: The private debt asset class is highly suitable for impact measurement. Reporting is contractually agreed upon, enabling ILX to provide quarterly updates to investors. 𝟰. 𝗠𝗼𝗯𝗶𝗹𝗶𝘇𝗶𝗻𝗴 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹: Despite the rise in global financial flows for low-carbon investments, emerging and developing countries receive only a fraction of this funding. Significant growth in private climate financing is essential, with multilateral and national development banks playing a crucial role in mobilizing this capital. 🎥The webinar can be watched here: https://lnkd.in/egnD5yqh Thank you to the Netherlands Advisory Board on Impact Investing and Sustainable Pension Investments Lab for hosting and inviting ILX, and to fellow panelists Atieno Otonglo (GSG Impact), Thomas Nauta (Ministerie van Buitenlandse Zaken), Marcel Jeucken (Sustfin Ltd), Jaap Reinking (FMO - Dutch entrepreneurial development bank) for their valuable contributions. #EmergingMarkets #ILX

🌍 Greetings from Baku! Today marks #FinanceDay at #COP29! 🔎 Looking for scalable solutions to finance the climate transition in emerging markets, in partnership with Multilateral Development Banks (MDBs)? Come join our panel discussion. 🕒 Time: 13:30 - 15:00 AZT (UTC+04:00) 📍 Location: EIB-Benelux Pavilion, Blue Zone, Zone E, G7 Can’t make it in person? Follow our discussion online: https://lnkd.in/dmDaAban Let’s work together towards a sustainable future! Jaime de Bourbon de Parme Suzanne Gaboury Mohamed Gouled Luiz Gabriel Todt de Azevedo Andrew McDowell Erich Cripton Anders Stensbøl Manfred Schepers Mark Bowman #COP29 #emergingmakets #developmentfinance

📣 Join ILX at #COP29 for an engaging discussion hosted by European Investment Bank (EIB) in the Blue Zone. Senior representatives from Multilateral Development Banks and leading Pension Funds will explore the critical role of unlocking institutional capital to support the climate transition in Emerging Markets, in partnership with MDBs. You can either go to the event in person at BENELUX-EIB Pavilion, Blue Zone, Zone E (Pavilions), number G7, or watch on Youtube using the below link ℹ Find more information about the panel here: https://lnkd.in/d7NrhBmZ ℹ Sign up here: https://lnkd.in/dC85-Pud ℹ Watch online here: https://lnkd.in/dmDaAban Jaime de Bourbon de Parme Suzanne Gaboury Asian Development Bank (ADB) EBRD Andrew McDowell EIB Global | BEI Monde Luiz Gabriel Todt de Azevedo IDB Invest Mohamed Gouled IFC - International Finance Corporation Anders Stensbøl Velliv Erich Cripton Caisse de dépôt et placement du Québec (CDPQ) Manfred Schepers

ILX has announced the first close of its second fund after Danish pension funds Sampension and AkademikerPension committed $185m (€174m). In addition, the company said Dutch pension funds Pensioenfonds ABP, bpfBOUW and Pensioenfonds Vervoer have boosted their commitment to its first fund to $1.5bn, writes Danielle Rossingh.