About Allied Climate Partners
Who we are
Allied Climate Partners (ACP) is a philanthropic investment organization with a mission to address climate finance bottlenecks in emerging economies to create significant environmental, economic, and social impact. ACP’s initial focus regions are Southeast Asia, Africa, India, and the Caribbean & Central America.
ACP is backed by leading philanthropies working at the nexus of economic development, climate action, innovation, and finance in emerging economies.
What we do
ACP partners with regional investment managers in emerging economies. We help to establish and anchor funds by providing catalytic equity investments and value-added support. Each fund targets a key bottleneck impeding the flow of capital to climate-related sectors and aims to increase the number of bankable projects and asset-oriented businesses.
Without this support, many projects and businesses struggle to attract the necessary capital to achieve their climate-related goals.
ACP typically invests junior equity (first loss downside, pari passu upside) into funds, partnering with Multilateral Development Banks (MDBs), Development Finance Institutions (DFIs), and private sector actors as junior and senior co-investors.
ACP is a nonprofit and takes no expenses, charges no fees, and earns no carry.
The initial proof-of-concept for ACP is the Southeast Asia Clean Energy Facility (SEACEF), managed by Clime Capital.
The ACP Approach
The challenge
Infrastructure projects face their highest risks at the earliest stages, particularly in emerging economies. As a result, risk-oriented capital is often in short supply, and it can be challenging for entrepreneurs and developers to access the early-stage capital and assistance they need to develop climate-related projects and businesses to the point of bankability and financial close.
In addition to funds focused on providing equity at the critical early stages of project development, ACP is now actively evaluating additional climate finance bottlenecks where it could focus on establishing funds (e.g., other project stages, specific sectoral funds, or new regions).
ACP focuses on the earliest stages where risk is high
ACP’s capital seeks to fill critical early-stage gaps to address climate-related finance bottlenecks in emerging markets.
By originating and anchoring local investment managers with catalytic, junior capital, ACP will:
Focus on climate projects and companies at early stages of development when risk-oriented capital can have a significant impact
Systematically de-risk investments by providing tranched, milestone-based disbursements and hands-on management support (e.g., strategy, hiring)
Seek to exit early, crowd in third-party investors, and recycle proceeds to create more bankable projects
Ensure investments promote jobs, green industrialization, inclusive growth, and shared prosperity in vulnerable and at-risk communities
In addition to funds focused on providing equity at the critical early stages of project development, ACP is now actively evaluating additional climate finance bottlenecks where it could focus on establishing funds (e.g., other project stages, specific sectoral funds, or new regions).
ACP’s initial focus regions
ACP’s combination of philanthropic investment capital, value-added support, and targeted strategic partnerships creates multiple pathways to further our climate-related goals.
How ACP supports selected regional managers
ACP provides hands-on, value-added support by:
Anchoring selected investment managers with first-loss, junior equity. This enables them to raise senior equity and create funds of sufficient scale focused on early-stage, climate-related projects and asset-oriented businesses
Working closely with regional investment managers to support their strategies, fundraising, and networks
Investing in strategic partnerships in the ecosystem to improve the investment landscape for regional funds and achieve climate impact