Investment Mobilisation Collaboration Alliance (IMCA)

The Investment Mobilisation Collaboration Alliance (IMCA) is a unique international coordination mechanism that utilises an innovative public-private partnership approach to create concrete pipeline collaboration, support blended finance vehicles, and catalyse private capital for climate action into emerging markets and developing economies at scale and speed. IMCA was launched at COP28 by the United States and Nordic governments as a new platform for providing blended finance solutions to the immense need for investments in climate mitigation, adaptation and nature in emerging markets, and developing economies. The International Energy Agency estimates that over $2 trillion is needed per year by 2030 just to reduce carbon emissions while addressing the growing energy demand from these markets and economies.