Ambassador Jean-Paul Senninger met Dr. Laura Altinger and Yossi Zahar from Earth Wake, recipient of the International Climate Finance Accelerator (ICFA) Spring Cohort 2020 in Luxembourg.
Earth Wake supports vulnerable communities, entrepreneurs and micro SMEs in Asia-Pacific to transition to climate-resilient practices and implement low-carbon solutions. Earth Wake will set up an investment fund and an investment vehicle in Luxembourg providing climate finance at scale through debt capital markets and technical assistance to enable Micro Insurance Institutions (MFIs) across Asia-Pacific to strengthen resilience, adapt to climate change and grow sustainably. Yossi Zahar stressed that “Earth Wake aims to quantify risk and to bring it to capital markets”.
Earth Wake will soon take full advantage of Luxembourg’s sustainable finance ecosystem in the Asia-Pacific region and provide European and international investors with an innovative investment route into climate and sustainable funds.
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