Skip to main content

IDB Invest Partners with ImpactA Global to Scale Sustainable Infrastructure Investments in Latin America and the Caribbean

 

IDB Invest announced a commitment of up to $30 million to ImpactA Global, a pioneering impact investor specialized in providing tailored debt financing solutions for infrastructure projects in energy, sustainable mobility, water and sanitation, and health. ImpactA Global seeks to ensure that at least three times the participation of IDB Invest is allocated to projects in Latin America and the Caribbean. 

 

IDB Invest’s commitment includes $25 million from its own resources and a $5 million blended finance participation funded with resources from the United Kingdom Sustainable Infrastructure Program (UK SIP). 

 

Infrastructure gaps in sectors such as transportation, energy, and health continue to hinder economic growth in Latin America and the Caribbean. Underinvestment, limited access to long-term financing and misconceptions about the risks of emerging market infrastructure are the main factors behind these gaps. Additionally, there is a lack of specialized players for smaller, non-investment-grade projects. Addressing these infrastructure gaps is crucial not only for economic growth but also for building resilience and promoting social well-being in the region. 

 

ImpactA Global will target smaller-scale projects in less developed markets, unlocking resources to address critical infrastructure gaps and generate positive development outcomes, including advancing adaptation and expanding access to basic services. 

 

IDB Invest’s participation as one of the anchor investors will strengthen ImpactA Global’s ability to achieve scale, attract other investors, and maximize its developmental impact. UK SIP's participation, in addition to helping catalyze new commitments alongside IDB Invest’s capital, aims to incentivize investments in Central America and the Caribbean countries by providing first-loss protection for their portfolios. By enhancing the credit profile of a region with many B and CCC-rated sovereigns, UK SIP’s participation will enable greater investment in these countries while maintaining ImpactA Global’s portfolio balance.

 

Beyond its financial commitment, IDB Invest’s participation will further strengthen ImpactA Global’s capabilities in environmental and social risks management by providing guidance and oversight, as well as advisory services to integrate risk management. 

 

About IDB Invest

IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $21 billion in assets under management and over 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website www.idbinvest.org/en

 

About ImpactA Global 

ImpactA Global is a women-led investment firm for the global Emerging Markets, with a focus on debt financing for sustainable infrastructure. Founded by Victoria Miles and Isabella da Costa Mendes, ImpactA Global seeks to solve funding gaps in transformational infrastructure projects. The firm addresses four key sectors and associated UN Sustainable Development Goals: clean energy and renewables; sustainable mobility; healthcare and hospitals; water and sanitation.

 

About United Kingdom Sustainable Infrastructure Program

The UK Sustainable Infrastructure Program (UK SIP) is funded from the UK’s International Climate Finance commitments to accelerate and enable sustainable development in the Latin America and the Caribbean region by supporting and catalyzing strategic private sector investments in sustainable low carbon infrastructure, adaptation and resilience-focused activities, and nature positive activities, while also aiming to contribute to equality and social inclusion outcomes.