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LETTER FROM THE MANAGEMENT BOARD
Our impact and financial numbers show positive results in a highly volatile environment.
2023 PERFORMANCE
Decent Work & Economic Growth
€2,695 million
invested in developing and emerging markets in 2023
990 thousand
jobs supported
Reduced Inequalities
€1,140 million
invested in reducing inequalities; €335 million in companies and projects in least developed countries and €856 million in inclusive businesses
Climate Action
€1,091 million
invested in Green projects in 2023
2,061 ktCO2e
total financed avoided GHG emissions
OUR STRATEGY
In the past few years, global developments and changing stakeholder expectations and regulations have affected FMO’s impact agenda such that we felt the need to review our ambitions and strategic priorities towards 2030.
Our Strategy towards 2030: Pioneer - Develop - Scale, derives its name from our progression model. It shows our long-term commitment to companies, supporting them from an initial high-risk phase to the point where commercial investors can (partially) take over from FMO.
Total committed portfolio
€13.2 BLN
Where we invest
Africa €4.4bln • Asia €2.7bln • Europe and Central Asia €2.0bln • Latin America & the Caribbean €2.8bln • Non-region specific €1.3bln