British International Investment (BII) will announce key investments and partnerships at COP29 to mobilize private capital for climate finance. Highlights include a groundbreaking investment in India’s renewable power sector, a significant mobilization initiative for Asia, and the launch of a blended finance facility in West Africa to attract local currency financing for renewable projects. These efforts aim to encourage private investors to support countries most vulnerable to climate change, featuring innovative initiatives like a concessionary capital facility and new social and green bond issuances.
