Incofin Climate-Smart Microfinance Fund





ICMF is tackling the social dimensions of climate change head-on. The fund is dedicated to investing in responsible, climate-smart financial institutions, amplifying their efforts to promote financial inclusion and mitigate the impacts of climate change.

The fund aims to invest USD 550 million in climate-smart activities to address the social consequences of climate change and reach 1.5 million people

Closing the Climate Finance Gap

Microfinance Institutions (MFIs) play a pivotal role in supporting low-income populations through the challenges of climate change. Yet, there remains a substantial funding gap. Our fund addresses this disparity, bridging the divide between climate finance availability and the urgent needs of vulnerable communities.

Driving Change Through Data Insights

Incofin’s research reveals critical insights into the current landscape of climate-smart finance. While many institutions have recognized the importance of climate strategy, few have fully integrated climate risk management or scaled climate-smart products. ICMF aims to change this paradigm, empowering MFIs to implement robust climate strategies and offer innovative financial solutions.

A Blueprint for Impact

ICMF’s comprehensive taxonomy outlines our impact pathway. When it comes to climate, we help to:



Manage disaster


Through climate-smart sectors we’re paving the way for a climate-resilient future:

  • Resilient habitat
  • Sustainable agriculture
  • Clear drinking water and sanitation
  • Green practices and technologies for circular economy and other green activities
  • Energy efficient technologies
  • Renewable energy technologies

Unlocking Potential Through Financial Inclusion

Financial inclusion isn’t just about access to capital—it’s about empowering communities and fostering resilienceIncofin leverages decades of expertise in financial inclusion: it has provided debt and quasi-equity financing to over 1500 transactions across 61 countries:

USD 3.52 bn invested since inception
USD 1.07 bn assets under management
USD 418 m disbursed in 2022
Stable & market-based returns

Meet Incofin people

Hear from Incofin’s leadership team as they share their vision for a sustainable future. Through collaboration and innovation, we’re reshaping the landscape of impact investing, one investment at a time.

“Incofin is thrilled to embark on this transformative journey alongside Degroof Petercam Asset Management. Our joint effort represents a paradigm shift, bringing impact investing to the forefront of institutional and private wealth portfolios. We believe that by investing in climate-smart financial institutions, we can proactively address the challenges posed by climate change while fostering sustainable and inclusive economic growth”

Paul Buysens

“There are pressing social consequences posed by climate change, and we approach our role with a sense of purpose and commitment to address these. We believe in the power of collaboration and innovation to address complex issues, and we are working alongside key stakeholders to build a more resilient future.”

Noémie Rénier

Invest in Impact Today


Christian Regnicoli
Head of Investor Solutions
+32 3 829 25 39

Kapil Kanungo
PE & Fund Development Manager
+32 478 48 00 19

Get in Touch

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