Governments and Global Investors Launch SCALED Development

HAMBURG, HSC: Governments and several of the world’s leading institutional investors today launched SCALED Development, a new investment service firm designed to mobilize billions in private capital for sustainable development in emerging markets and developing economies. The new company builds on the SCALED initiative, which brings together Germany, Canada, Denmark, France, the United Kingdom, South Africa, AXA SA, Allianz, Zurich Insurance Group and La Caisse.

Closing in on a breakthrough to mobilize sustainable private investment in emerging markets and developing economies

Just a few months after its launch, the Hamburg Sustainability Platform (HSP), an initiative of public and private institutions is laying the foundation for truly scaling private investment for sustainable development in emerging markets and developing countries. The initiative now includes Germany, Canada, Denmark, France, the UK, South Africa, the KfW Development Bank, and the private institutional investors Allianz, CDPQ, and Zurich Insurance Group.

New alliances are needed to provide blended finance at scale

Public-private stakeholder coalition kicks-off joint work to scale up private SDG investment in emerging markets and developing economies: At the Hamburg Sustainability Conference, a coalition of private and public institutions announced to join forces to set up the Hamburg Sustainability Platform. This platform aims at scaling sustainable investments into emerging markets and developing economies through standardization.