Allianz Credit Emerging Markets (ACE) mobilises private capital for climate investments across emerging markets. Impact Fund Denmark has provided its first guarantee to a commercial asset manager, Allianz Global Investors, supporting the ACE fund’s ambition to attract institutional investors to projects in developing economies. The fund channels capital to investments that support climate mitigation, climate adaptation and sustainable development.
Many projects in emerging markets struggle to attract sufficient private investment due to perceived risks. Through a blended finance structure, the ACE fund combines public and private capital, making it easier for institutional investors to participate in markets that are critical to the global green transition.
The fund invests in projects aligned with the Paris Agreement and the UN Sustainable Development Goals, supporting lower emissions, greater climate resilience, financial inclusion and job creation. By reducing risk for private investors, the ACE fund helps unlock capital for projects that generate both financial returns and measurable development impact.