The Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) program connects global investors to investment products that promote sustainable development in developing countries. In February 2025, the United Kingdom (U.K.) announced up to an additional £100 million in funding for the program. This funding expands the program’s ability to mobilize more investment and strengthen its partnerships with entities such as Thai Credit Bank and InfraCredit.

The MOBILIST Program

The U.K.’s MOBILIST program promotes sustainable development by identifying investment products that align with the Sustainable Development Goals (SDGs) and removing obstacles that prevent those products from listing on public exchanges. MOBILIST helps overcome these challenges by offering expertise, hands-on assistance and government backing. This approach improves investor confidence and funding access for SDG-aligned ventures.

The SDGs, adopted by the United Nations (U.N.) in 2015, are a set of 17, wide-ranging targets that aim to achieve long-lasting progress. The SDGs operate on the premise that goals such as ending poverty must align with other objectives, including economic growth and gender equality. By supporting investment solutions that promote the SDGs, MOBILIST brings these products more funding, widening their impact.

The U.K. expects its £100 million funding pledge to attract between £400 million and £600 million in investments. Since its 2021 launch, the MOBILIST program has assisted the public listing of investment products such as the Thai Credit Bank and InfraCredit. 

The Thai Credit Bank

On Feb. 9, 2024, the Thai Credit Bank completed its public listing with support from the MOBILIST program. The bank provides loans to micro, small and medium enterprises (MSMEs). These enterprises are crucial to Thailand’s economy but have difficulty obtaining the funding necessary to grow. Through funding MSMEs, the bank supports the SDG of economic growth, therefore decreasing poverty and raising standards of living.

The Thai Credit Bank will use the profit from its public listing to further finance MSMEs, specifically focusing on businesses in rural areas and those owned by women. As an essential investor, MOBILIST was key in making the IPO possible. The expansion of this SDG-promoting product is an example of how the program promotes sustainable development. 

Infracredit in Nigeria

The Nigerian-based company, InfraCredit, de-risks investing in Nigerian infrastructure projects by providing credit guarantees to investors. Nigeria needs more than $2.3 trillion from 2021 to 2043 to close its infrastructure gap. InfraCredit’s model supports job creation, infrastructure development and clean energy growth, aligning with multiple SDGs.

On April 14, 2025, MOBILIST announced its investment of $6 million to support InfraCredit’s public listing on NASD. The listing attracted local institutional investors, including pension funds. Subsequently, InfraCredit obtained two investments from pension funds since its NASD listing.  

MOBILIST’s investment also supports InfraCredit’s movement toward investing in renewable energy. Its focus on promoting infrastructure, creating jobs, increasing quality of life and its green movement reflects the SDG of clean energy.

Looking Ahead

MOBILIST’s support for Thai Credit Bank and InfraCredit has strengthened their financial reach and visibility. With the U.K.’s additional investment, more companies that align with the SDGs could gain access to capital markets. The program continues to widen its impact by helping sustainable development-focused businesses scale across emerging economies.

– Madison Fetch

Madison is based in Glasgow, Scotland and focuses on Business and Politics for The Borgen Project.

Photo: Flickr