A responsAbility managed climate fund expands its climate positive lending to Nepal
Zurich/Kathmandu. Global IME Bank Limited (‘GIBL’) and a responsAbility managed climate fund signed a USD 25m loan agreement to promote climate positive lending in Nepal. Notably, this marks the first climate-related funding provided by the fund to a company in Nepal. The capital is earmarked for financing energy efficiency and renewable energy projects in the country, with a focus on the electric mobility sector. The infusion of these funds will fortify the bank’s portfolio and solidify its commitment to climate change mitigation.
The climate fund operates as a blended partnership model, using public funding to catalyze private sector investment in developing markets.
Commenting on the development, Mr. Ratna Raj Bajracharya, CEO of Global IME Bank stated: "This facility will play a crucial role in financing energy efficiency projects and reducing greenhouse gas emissions in Nepal. We take pride in being a responsible bank in our country and are committed to supporting energy projects in collaboration with the fund to fulfill our strategic climate management objectives."
“We are happy to expand our presence to Nepal, a country highly vulnerable to climate change, by partnering with a committed and like-minded financial institution like Global IME Bank. We look forward to supporting the bank in its climate financing journey through the tailored advisory support that we provide”, says Mr. David Diaz Formidoni, Head of FI Investments, Climate Finance, on behalf of responsAbility.
About responsAbility Investments AG responsAbility is a leading Swiss impact asset manager with deep expertise in private market investing across emerging markets. The company provides debt and equity financing to financial institutions, enterprises and mid-market funds, designed to generate measurable positive outcomes for people and planet alongside competitive financial returns. Impact and ESG are embedded throughout the investment process and supported by active engagement. As of 31 March 2026, responsAbility manages USD 5.9 billion in assets invested in around 70 countries and works with institutional, private and public sector investors to invest capital at scale.
Founded in 2003, responsAbility has deployed more than USD 17.8 billion in impact investments. Since 2022, responsAbility has been part of M&G Investments, a business of M&G plc, a global savings and investments group with asset management and insurance capabilities and a long-term institutional ownership base.
About Global IME Bank Global IMEis the first commercial bank in the private sector to establish a branch network in all 77 districts of Nepal. The bank serves over 4.6 million customers through a network of more than 1,100 service centers, which include 350 branch offices, over 369 ATMs, 322 branchless banking services, 66 extension and revenue collection counters, and maintains 3 foreign representative offices.
As of 16 July 2023, the Bank reported total assets of USD 4.0 billion, loan book of USD 2.8 billion, net worth of USD 451 million and deposits of USD 3.3billion. The bank's vision is to become "The Bank for All" and it has consistently expanded its reach to serve every corner of Nepal, diversifying its assets while contributing significantly to the overall Nepalese economy.
Contact
Richard Rogers
responsAbility Investments AG
+41 44 403 2151
media@responsability.com
Legal Disclaimer
This information was produced by responsAbility Investments AG together with its partners to the best of its knowledge and belief. However, responsAbility Investments AG provides no guarantee with regards 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. While responsAbility Investments AG supports the SDGs, it is not associated with the UN and its products are not endorsed by them.
Copyright © 2026 responsAbility Investments AG. All rights reserved.