Andy Kuper, CEO of LeapFrog Investments, shares insights on impact investing for 2025. The firm prioritizes backing scalable climate technologies to decarbonize sectors like mobility and renewable energy. Despite a challenging fundraising landscape in 2024, LeapFrog raised over $1 billion for its fourth fund, demonstrating strong investor support. Kuper emphasizes the untapped potential in decarbonizing emerging economies, highlighting the need for sustainable products for rising consumers. He acknowledges the industry’s progress in impact management but stresses ongoing efforts are needed to ensure genuine impact. LeapFrog is also exploring generative AI to enhance services in healthcare and financial inclusion.