Swiss impact investment fund manager responsAbility Investments has announced the first close of its climate debt fund at USD151m. The fund, focused on expanding energy access in emerging markets with a strong focus on Sub-Saharan Africa and South and Southeast Asia, has received commitments from AHL Venture Partners, Ashden Trust, Bank of America, Bohemian Impact Investments, Calvert Impact Capital, Clean Technology Fund, EIB, Facebook, FMO, Good Energies Foundation, the government of Luxembourg, IFC, Norfund, OeEB, Shell Foundation, Snowball, and UK DFID, among others. The fund is targeting USD200m. Read more»