The development of baselines for specific technologies including vehicles, lighting or air conditioning will be executed by specialised consultants and funded through a dedicated Technical Assistance facility. This facility is financed by public donors including the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety and the UK Department for Business, Energy & Industrial Strategy.UN Environment will use the gathered market information to predict the impact that energy efficiency policies will bring to a country’s energy consumption, while responsAbility is using the data to steer the financing activities of the climate fund. By determining the average efficiency of equipment currently sold in the country, the baselines serve as benchmark against which financed equipment must achieve a minimum of 20% energy savings.

Rochus Mommartz, CEO responsAbility Investments, explained: “This agreement represents a major milestone for responsAbility in the field of sustainable energy promotion in developing countries. We all look forward to a fruitful collaboration with this new key partner over the years to come!”

Speaking on behalf of UN Environment, Mark Radka, Chief of Energy, Climate and Technology Branch, said: “Reliable data regarding energy efficiency levels in developing countries are an important basis to measure the concrete impact that policies have. We are very pleased about this collaboration with a private-sector investor that, through its financing activities, pursues the same objective: to mitigate global climate change.”

Contact
UN Environment
Patrick Blake, United for Efficiency – Policy Expert
+33 1 44 37 42 56
patrick.blake.affiliate@unenvironment.org

responsAbility Investments AG is a leading asset manager in the field of development investments that offers professionally managed investment solutions to private, institutional and public investors. The company supplies debt and equity financing to firms in emerging economies and developing countries.responsAbility currently has USD 3.1 billion of assets under management invested in over 550 companies in 97 countries. Founded in 2003, the company is headquartered in Zurich and has local offices in Bangkok, Hong Kong, Lima, Luxembourg, Mumbai, Nairobi, Oslo and Paris. Its shareholders include a number of reputable institutions in the Swiss financial market and its own employees. responsAbility is regulated by the Swiss Financial Market Supervisory Authority FINMA.

This information was produced by responsAbility Investments AG together with its partners with the greatest of care and to the best of its knowledge and belief. However, responsAbility Investments AG provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this information material are those of responsAbility Investments AG at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This material is provided for information purposes only. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. It is expressly not intended for persons who, due to their nationality or place of residence, are not permitted access to such information under local law. Neither this information material nor any copy thereof may be sent, taken into or distributed in the United States or to any U. S. person. responsAbility Investments AG is not an investor and does neither provide direct nor indirect financing. The mentioned investments in the specific markets, countries, companies, institutions, instruments, or sectors are exclusively transacted by the investment vehicles managed or advised by responsAbility Investments AG. Every investment involves risk, especially with regard to fluctuations in value and return. Investments in foreign currencies involve the additional risk that the foreign currency might lose value against the investor’s reference currency. It should be noted that historical returns and financial market scenarios are no guarantee of future performance.