Scaling Impact investing in emerging markets still requires strategic use of catalytic capital. In this episode, Nicolas Muller, Managing Director of Blue Earth Capital explores how impact-focused investment strategies are structured to balance risk, returns, and outcomes. From the role of philanthropy in de-risking to practical insights on attracting commercial capital into high-impact deals, we look at what it takes to turn purpose into investible opportunity — and what’s still missing to bridge the gap at scale.  Season 2 is produced in collaboration with the SDG Impact Finance Initiative (SIFI). Hosted by Luka Biernacki. Also available on YouTube: https://www.youtube.com/@TheGenevaConnection Let’s Talk Finance! Let’s Talk Impact!