About us
The Emerging Markets and Developing Economies (EMDE) Investor Taskforce is an industry-led initiative convened by the Minister of State for International Development and the Economic Secretary to the Treasury. The Taskforce brings together public and private sector stakeholders to develop practical solutions that will support institutional investors in pursuing investment opportunities in EMDEs to help deliver economic growth and tackle climate change.
Taskforce was convened in response to the industry report ‘The UK as a Climate Finance Hub’. In its work, the Taskforce will address the recommendations in that report, leveraging and reinforcing the UK’s position as a global hub for sustainable finance.
Momentum is building for the energy transition in emerging markets and developing economies. While real risks exist, they are often overstated compared to historical outcomes. To date, institutional investment in EMDEs has largely focused on public equities and sovereign debt. However, achieving a just and effective energy transition requires a significant increase in private equity, private debt, project finance, and corporate capital in emerging markets.
Accelerating sustainable investment across EMDEs is key to confronting climate risks and enabling durable, inclusive economic growth globally. The newly formed EMDE Investor Taskforce is a vital step forward, offering practical solutions to help UK institutional investors engage with climate, transition, and sustainable investment opportunities in these markets. This initiative will play a central role in mobilising capital where it’s needed most and in catalysing broader flows of investment.
Hendrik du Toit, Founder and CEO of Ninety One and industry co-chair of the Taskforce
IIGCC is proud to serve as the secretariat for the Taskforce. The work it will undertake aligns with our ambition to support investment into climate, transition, and sustainable opportunities across emerging markets. We look forward to playing a constructive role across the public and private sectors to make the Taskforce a success.”
Stephanie Pfeifer, CEO of IIGCC serving as the Secretariat of the Taskforce
Participating Organisations
The EMDE Investor Taskforce, convened by the Minister of State for International Development and the Economic Secretary to the Treasury, brings together leaders from major financial services firms, including insurers, pension funds, asset managers, banks, investment consultants, and development finance institutions. This collaborative approach between the public and private sectors will leverage expertise from across the financial sector to drive meaningful change.
















Business case
Emerging markets and developing economies are projected to contribute approximately 65% of global economic growth by 2035, presenting significant investment opportunities.
Many of these opportunities will directly support tackling climate change and delivering on the broader UN Sustainable Development Goals (SDGs).
In the UK, the work of the Taskforce will support the strengthening of the UK financial and professional services sector, which currently makes a £243 billion economic contribution to the UK, delivers £110 billion in tax revenue, and provides 2.4 million jobs.
By catalysing greater levels of private sector investment across EMDEs, the Taskforce will directly support economic growth and help tackle climate change both in the UK and around the world.
Structure
The EMDE Investor Taskforce is a government-convened, industry-led initiative, operating through three layers of governance.
The Leadership Group provides strategic direction and high-level oversight. It is made up of the Minister for Development, the Economic Secretary, and the CEO and Founder of Ninety One, acting as the industry co-chair. Together, they are champions of the Taskforce and steer its directon.
The Delivery Group is made up of senior representatives from a diverse range of participating organisations, including asset owners, asset managers, investment consultants, development finance institutions (DFIs), credit rating agencies, insurers, and banks. Co-led by Ninety One and the Foreign, Commonwealth & Development Office (FCDO), this group is responsible for approving the Taskforce’s work programme and overseeing the delivery of outputs. Its work is organised into four technical workstreams, each focused on a key pillar of the initiative: research, capacity, regulation, and product [TBC].
The Institutional Investors Group on Climate Change (IIGCC) serves as the Secretariat to the Taskforce. It supports the initiative’s day-to-day operations, facilitates coordination across groups, and ensures effective implementation of the Taskforce’s objectives.
FAQs.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.