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

Joint press release by the members of the Hamburg Sustainability Platform (HSP), the German Federal Ministry of Economic Cooperation and Development; Global Affairs Can-ada; the French Ministry of Europe and Foreign Affairs; the United Kingdom’s Foreign, Commonwealth & Development Office; the Danish Ministry of Foreign Affairs; Treasury of the Republic of South Africa; KfW Development Bank; Allianz; AXA SA; Caisse de dépôt et placement du Québec; and Zurich Insurance Group.

Just a few months after its launch, the Hamburg Sustainability Platform (HSP), an initia-tive of public and private institutions is laying the foundation for truly scaling private in-vestment 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, AXA SA, CDPQ, and Zur-ich Insurance Group.

Signing a joint declaration of intent at the Hamburg Sustainability Conference 2025, the HSP reaffirmed their joint commitment to remove structural obstacles that so far stood in the way of mobilizing large-scale investments. Unique in being a joint effort between sev-eral public and private institutions, the initiative sends a strong signal towards better co-ordination. As such, the initiative rebranded itself and will now be operating under the name “SCALED” – Scaling Capital for Sustainable Development.

But there is more: SCALED is putting standardization into practice by preparing the launch of a company dedicated to mobilizing private capital for sustainable development projects more easily, quickly, and efficiently. The new company is expected to commence opera-tions at the end of 2025 and immediately begin to work on investment vehicles, for exam-ple to support projects with sustainable impact such as solar farms or entrepreneurship support.

As a service provider for the whole market, the company aims at bringing together inves-tors with common interests, set up standardized financial vehicles, such as funds, and find suitable international and local asset managers to implement the investments. Private and public investors can use these vehicles to make their investments in a straightforward manner according to a recurring pattern. As such, the company is foreseen to significantly contribute to closing the existing financing gaps in emerging markets and developing countries.

Depending on funding commitments from public and private sources, the company could facilitate several billion USD of private investments in various sectors and regions over the next years to achieve sustainable impact.

The Organization for Economic Co-operation and Development, OECD, and the Inter-American Development Bank, IDB, support SCALED as knowledge partners. SCALED‘s Se-cretariat is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

Further Information: www.scaledevelopment.org
Contact: [email protected]