I Squared Capital, a global infrastructure investment manager, has closed its first dedicated Climate Fund in collaboration with the U.S. International Finance Development Corporation (DFC). The DFC will contribute $300 million, while funds led by I Squared Capital will commit $900 million, totaling a $1.2 billion investment for climate-related infrastructure projects. This initiative aims to support sustainable infrastructure in emerging markets, mitigate regulatory and political risks, and deliver attractive risk-adjusted returns in high-growth economies.