At AFC Capital Partners, we mobilize private and public sector capital to respond to the imminent climate crisis. Our belief is that environmental, social and governance (ESG) considerations, including climate change, are fundamental to long-term risk and return. As a climate-focused fund manager, we are committed to delivering competitive returns to our investors, and creating businesses that benefit society by facilitating economic and social development.
Seven key principles underpin our approach to ESG and Climate Investing. ACP:
Environmental and Social Management System and Support
ACP recognises that the infrastructure investments it makes now, have an impact on the future. At ACP, we’re not just investing in infrastructure; we’re planting seeds for a thriving, low-carbon future. Each project fostering job creation, unlocking economic potential, and reducing business costs for a ripple effect of positive social impact. ACP:
Supports the National Determined Contributions to Net Zero, by promoting low carbon and climate resilient investments.
Supports the recommendations made by the Task Force on Climate-related Financial Disclosures. ACP considers it a fiduciary duty to ensure stranded asset risks or other losses from climate change are minimised.
Actively engages with its portfolio companies to reduce the carbon footprint of its investments. It integrates climate considerations throughout the investment cycle.
During due diligence and portfolio management, ACP assesses financial risks of i) the physical impacts of climate change, and ii) the transition to a lower-carbon economy.
During portfolio management, ACP reports on the greenhouse gas footprint annually for each underlying investment and implements actions to reduce emissions.
Several of the climate co-benefits from resilient infrastructure investment can be interlinked with the SDGs.
Building resilient infrastructure improves quality of life, creates economic opportunity and strengthens the resilience of vulnerable communities and their livelihoods to climate shocks, thereby helping to reduce poverty. Such infrastructure projects reduce the costs of rebuilding after a climate shock, leaving more money for other necessities, such as food, water, accommodation, and education.
Speeding up the renewable energy transition to reduce greenhouse gas emissions and pollution, creating health co-benefits (SDG 3).
Providing a direct contribution to sustainable, resilient, and inclusive infrastructures – thereby recognising the centrality of investing in resilient infrastructure and innovation as crucial drivers of economic growth and development. The implementation of this project will have positive economic, social and environmental benefits.
Contributing to climate-resilient cities and communities through adaptation measures for resilience.
Catalysing investments in low carbon and climate-resilient infrastructure and de-risking the mobilisation of climate finance at scale through an innovative blended finance structure. ACP’s investments will support the Nationally Determined Contributions of target countries in its core sectors. Our Infrastructure Climate Resilience Investment Programme aims to deliver the following impacts:
50 million beneficiaries with reduced vulnerability to climate change and increased access clean energy reduced vulnerability
20 Mt CO2 avoided over the lifetime of the programme
90,000 jobs Created
Active Ownership
ACP possesses strong expertise in creating bespoke investment vehicles tailored to investor preferences and investment themes in sustainable infrastructure whilst maintaining the highest fiduciary standards within a strong governance framework to protect and prioritize investor interests.
ACP will leverage its climate investment expertise and AFC’s successful track record with over US$ 12.6 billion deployed in infrastructure projects across the African continent.
The fund manager will also benefit from the solution-driven culture built around diversified and talented staff with a solid expertise in infrastructure and climate investments.
The fund’s investment process will also have the capabilities to screen and manage climate risks through internal skill and knowledge development and targeted use of external expertise.
