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Arun Asok

Program Director, Climate Finance at Rainier Climate

Climate FinanceImpact InvestingBlended FinanceFund StructuringPortfolio ManagementBoard Governance

About

I'm Arun Asok, currently serving as the Program Director for Climate Finance at Rainier Climate. My career has been dedicated to the intersection of finance and global development, from managing impact funds in Singapore to leading private capital initiatives globally. I’m passionate about directing capital at scale toward underserved markets to create a more equitable future, particularly through the lens of climate and health. I’ve had the privilege of raising significant capital for the BUILD Fund and structuring complex blended finance vehicles that bridge the gap between commercial investment and social impact. I’m always looking to connect with mission-driven individuals and organizations working on sustainable development solutions, especially those exploring the nexus of climate, energy, and health. Whether you're navigating a career in impact or looking to collaborate on innovative financial structures, I'm happy to share what I've learned.

Networking

What I can offer

  • Guidance on navigating careers in the development and impact sectors
  • Expertise in mobilizing capital for underserved markets
  • Strategic advice on blended finance and fund structuring

Looking for

  • Individuals working on sustainable development solutions
  • Collaborators at global forums like UNGA and Climate Week NYC
  • Expanding my professional network

Best fit for

Mission-driven enterprisesUN agenciesDevelopment finance institutions (DFIs)Commercial investors

Current Interests

Renewable energy certificatesElectrification of health facilities in the Global SouthAI for investment monitoringResults-based financingCarbon credits

Background

Career

Began in impact consulting and investment analysis, moving into senior fund management and CEO roles in Singapore, followed by global leadership in private capital and climate finance.

Education

PGP in General Management from IIM Ahmedabad; B.Tech in Computer Science & Engineering from IIT Madras; MBA Exchange at WU Vienna.

Achievements

  • Raised USD $60 million for the BUILD Fund from UN member states and DFIs
  • Managed a $150M debt fund and $80M equity fund at Bamboo Capital Partners
  • Developed a $150M blended finance climate and healthcare fund at Abt Global
  • Reached 1,000+ medical device installations across 25 countries at Forus Health

Opinions

  • Finance is a transformative power for driving systemic change rather than just a commercial end
  • In-person human collaboration has unique power for solving complex global issues
  • Climate financing must be linked to health outcomes and long-term maintenance, not just infrastructure
  • The '2 and 20' asset management model needs rethinking