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BluSmart investor responsAbility hits third close of Asia climate fund

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Switzerland-based impact investor responsAbility Investments AG has completed the third close of its Asia-focused climate fund, raising over $350 million with contributions from KfW and other investors. KfW committed €20 million, part of a total $100 million added in this round. On track to raise $500 million by year-end, the fund targets renewable energy and e-mobility, aiming for substantial carbon emissions reduction. Since 2003, responsAbility has managed $5.4 billion in global impact investments.