WWF-Hong Kong Advises on New Climate Impact Initiative for Investors | WWF Hong Kong

WWF-Hong Kong Advises on New Climate Impact Initiative for Investors

Posted
18 March 2020


WWF-Hong Kong is pleased with the announcement of the launch of Climate Impact Asia Fund (Fund) established by Milltrust International (Milltrust) and managed by Environmental Investment Services Asia Limited (EISAL).  
 
As the environmental consultant to the Fund and a key member of the Investment Advisory Committee, WWF-HK monitors the Fund’s climate objectives, provides environmental expertise and deep knowledge on climate policies and access to a global network of contacts from academia, industry, government and civil society to enhance the Fund’s impact. 
 
Jean-Marc Champagne, Head of Environmental Finance at WWF-HK said: “Our mission is to encourage financial flows into investments that make a positive impact on the environment. We are delighted to collaborate with Milltrust and EISAL on this important initiative, and we look forward to supporting the fund’s efforts to address climate and biodiversity issues.”
 
The Asia-Pacific region is responsible for almost half of global carbon dioxide emissions, and is the region most exposed to climate risks.  The Fund invests in leading Asian-listed companies that make a positive impact against climate change and environmental degradation. Beyond climate action and the objective to maximize investor returns, the fund seeks to optimize its contributions to the wider United Nations Sustainable Development Goals. The Fund will make revenue-based donations to support WWF’s conservation programs in Hong Kong and across Asia.
 
This initiative will increase the resources available for investments in environmentally positive projects, connect investment flows with measurable environment impact, and expand the perceived range of mainstream green investments beyond renewable energy.

Alexander Kalis, Managing Partner at Milltrust International LLP and Investment Advisor to the Fund, said: “Time is running out for urgent climate action. It is imperative to mobilise the investment world to take action to solve our climate emergency. We are thrilled to have been selected by WWF-Hong Kong and to benefit from their active collaboration on The Climate Impact Asia Fund, along with the environmental investment specialists at EISAL. The fund will give professional investors around the world the opportunity to invest and make a difference.”

Jeremy Higgs, Managing Director at EISAL and Investment Manager to the Fund, said: “Through our long experience managing environmental investments in Asia, there has never been a better time to find market-leading and innovative companies that can not only deliver strong performance but also make a real impact against climate change and other environmental issues. Through our De-Carbon Asia Impact Investing Index, we have proven that a portfolio of low-carbon environmental goods and services companies can deliver superior performance. We are excited about the strong partnership established with Milltrust and look forward to collaborating with the Environmental Finance Team at WWF-Hong Kong for this initiative.”