London, UK: LeapFrog Investments, the Profit with Purpose investment firm, today releases its latest climate report, The Transition Ledger 2026, presenting a powerful set of essays on the trends shaping climate investment in growth markets.

The collection highlights perspectives from world-leading thinkers and practitioners including Mike Berners-Lee, sustainability expert, academic and author; Dr Steve Howard, Vice Chairman, Sustainability, Temasek; Damilola Ogunbiyi, CEO and UN Special Representative of the Secretary-General for Sustainable Energy for All and Co-Chair of UN Energy; and Nakul Zaveri and Souleymane Ba, Co-Leads of LeapFrog’s Climate Investment Strategy.

The report explores how climate capital can be deployed most effectively in emerging markets across Asia and Africa. The essays cover themes including:

• Meeting surging energy demand with renewable and decentralised solutions.
• The interplay between energy, urbanisation and digitisation and role of climate solutions to bridge accessibility gaps.
• The emergence of sustainability as a long-term structural trend shaping capital markets.
• Grounded innovation and business models tailored to the local context of growth markets.

Dominic Barton, non-executive chairman of LeapFrog Investments, said: “Emerging markets will be at the centre of the climate transition. This is where the next billion consumers will rise, where new forms of businesses are growing fast, and where resilient, affordable business models are being built.”

LeapFrog’s new report builds on the firm’s track record of investing in high-growth companies across Asia and Africa, reaching over 560 million people with healthcare, financial services, and climate solutions. Its Climate Investment Strategy focuses on businesses underpinned by technology and innovation that reduce emissions, enable adaptation, and improve overall system efficiency for emerging consumers and producers.

LeapFrog invests in healthcare, financial services and climate solutions businesses in high-growth global markets. Its companies deliver distinctive impact and robust returns, growing revenues on average 22% a year. LeapFrog companies now reach 559 million people with essential services in 37 countries. The firm has raised billions of dollars from global institutional investors, including a $500m commitment by Temasek to LeapFrog and its growth equity funds. LeapFrog has twice been ranked by Fortune as one of the top Companies to Change the World, alongside Apple and Novartis, and was named inaugural Pioneer in Impact by the FT and IFC at the Transformational Business Awards.

For more information, go to: www.leapfroginvest.com.

Montfort Communications

LeapFrog@Montfort.London