The Fund’s first pilot in Latin America will launch with an initial $10 million capital envelope and a $200 million fundraising campaign to support Colombian projects such as decentralized solar in Amazonian communities. BONUS Investment Bank Colombia, a regional fund manager engaged for Colombia, has already led project structuring for the fund’s first investable projects in Colombia that will bring solar power to 50,000 people in the Amazonian regions of Mitú and Puerto Leguízamo, cutting 38,000 tonnes of CO2 per year currently emitted from imported fossil fuels — the first step in a model that could scale to reach 650,000 people and strengthen local economies thanks to reliable access to clean energy.
As world leaders gather at COP30, the Journey Fund stands as a concrete example of how climate ambition can be turned into action by bridging policy and finance to power a just fossil-free future.