SIFEM, the Swiss Investment Fund for Emerging Markets, is pleased to announce the publication of a new independent study: Assessment of SIFEM’s Contribution to the Just Transition. Commissioned by SIFEM and conducted by Steward Redqueen, the report explores how climate investments can promote inclusive economic development while accelerating the shift to a low-carbon future.

As the development finance institution of the Swiss Confederation, SIFEM recognises that the climate transition must be both sustainable and fair. A “just transition,” as defined by the International Labour Organization, seeks to align environmental goals with social and economic inclusion—creating decent jobs, supporting vulnerable communities, and leaving no one behind.

This study reviews how just transition principles are integrated across SIFEM’s climate portfolio, from strategy and fund manager engagement to the practices of underlying portfolio companies. It draws on a diverse sample of climate investments, surveys with fund managers and portfolio companies, and a field visit to South Africa.

As climate action remains a pertinent topic for countries around the world, development finance institutions like SIFEM play a key role in ensuring the transition is equitable. This assessment reflects SIFEM’s commitment to transparency, learning, and impact, and offers insights for others seeking to align climate investments with social progress.