British International Investment (BII), a UK-based development finance institution, has pledged $60 million to the Green Investment Partnership (GIP) managed by Singapore’s Pentagreen Capital. The commitment will help scale renewable and low-carbon infrastructure in South-East Asia. BII has stated that GIP is a $510 million blended finance platform that brings together public, private, and philanthropic capital to finance projects in solar, bioenergy, storage, and e-mobility projects across the region. The initiative aligns with Singapore’s Financing Asia’s Transition Partnership launched in 2023 to address an estimated $210 billion annual climate infrastructure funding gap. In 2025, GIP began its initial investments through BECIS Bioenergy’s agricultural waste-to-steam program, reducing over 100,000 tonnes of emissions annually, and a solar-plus-storage portfolio by Germany-based ib vogt expected to cut 257,000 tonnes each year. Earlier this year, BII had partnered with Odyssey Energy Solutions to launch a $7.5 million facility for Nigeria’s mini-grid sector, reinforcing its global clean energy financing strategy.