Our Strategy
Climate
Investments with Impact
We support companies and technologies that enable both mitigation of and adaptation to climate change by rising consumers and producers.
LeapFrog’s Climate Strategy marks a natural extension of the firm’s 16-year journey as a pioneer of impact investing, backing companies that deliver essential services and products that enable lower-income consumers to build better lives.
LeapFrog believes that emerging consumers can swiftly transition beyond expensive and highly polluting energy, transport, and agricultural business models to new low-carbon and climate change resilient technologies – much as hundreds of millions of low-income customers have leapfrogged traditional telecommunications and banking models in recent years.
The Climate Strategy focuses on companies providing green products and services that are already cost competitive in many emerging markets, and enjoy enabling regulatory tailwinds. This large and expanding investable universe includes PAYG rooftop solar, distributed energy systems, 2-wheeler electric vehicles and smart farming practices.
Transition Ledger 2026
Explore this collection of essays delving into how climate capital can be deployed most effectively across Asia and Africa’s growth markets.
The report brings together perspectives from leading voices in sustainability and climate investment, including sustainability expert and author Mike Berners-Lee, Dr Steve Howard (Vice Chairman, Sustainability, Temasek), Damilola Ogunbiyi (CEO and UN Special Representative of the Secretary-General for Sustainable Energy for All, Co-Chair of UN Energy), and LeapFrog’s own Climate Investment Strategy Co-Leads, Nakul Zaveri and Souleymane Ba.
Investor Roadmap for Inclusive Green Growth
Dozens of green technologies are now lower cost than incumbent technologies across the emerging world, sparking a wave of new green investments that could potentially reach $330B per year over the next decade and spur green development.
The Investor Roadmap for Inclusive Green Growth report, released by LeapFrog Investments, CGAP and Temasek, analyses a range of sectors across emerging markets to determine their commercial viability, identifying four key areas for growth.
Powering an affordable EV revolution in emerging Asia
The mobility sector in the emerging markets of South and Southeast Asia is growing so rapidly that it could absorb up to $1.3 trillion in green capital by 2030.
The Powering an affordable EV revolution in emerging Asia report, released by investors LeapFrog Investments and Temasek, alongside electric mobility companies Mahindra Last Mile Mobility Limited and Battery Smart, showcases affordable entry points for electric mobility across the low-income markets of emerging Asia.