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Category: ESG Funds
Aligned Climate Capital closed its second venture fund, Aligned Climate Fund 2 LP, at $85 million, marking nearly a 200% increase compared to its inaugural fund. This milestone aligns with...
NextEnergy Capital’s NextPower UK ESG (NPUK), the largest dedicated private fund for new-build solar in the UK, has successfully closed fundraising at £733 million—almost 50% above its original target. NPUK...
America’s AI boom demands vast energy infrastructure—but risks massive carbon emissions. Climate-tech innovator Spiritus today announced a $30M Series A funding round, led by Aramco Ventures with participation from Khosla...
Climate Fund Managers (CFM) and Infinitum Energy Group have secured $3.1 million in development funding from CFM’s EU-backed Climate Investor Two Fund to co-develop a waste-to-energy project in Freetown, Sierra...
Major Shift in Asset Management The People’s Pension (TPP) has announced a strategic shift in its asset management approach, appointing European asset manager Amundi and U.S.-based Invesco to oversee £28...
Driving Biodiversity Investment Goldman Sachs Asset Management is introducing its first biodiversity-focused bond fund, expanding sustainable finance options for fixed-income investors. “Most of the existing biodiversity or nature-based solutions funds...
CarbonQuest, a leader in distributed carbon capture technology, has closed a $20 million funding round led by Riverbend Energy Group, with significant contributions from Energy Capital Ventures (ECV) and Aligned...
Climate Fund Managers (CFM) announced the launch of Climate Investor Three (CI3), a blended finance fund targeting the energy transition and green hydrogen sectors. The fund has already secured €150...
Terra CO2, a U.S.-based low-carbon building materials company, has secured $82M in Series B equity commitments to expand its sustainable cement technology. The round was co-led by Just Climate, Eagle...
Mast, North America’s leading post-wildfire reforestation company, secured $25 million in Series B funding to expand its Biomass Carbon Removal & Storage (BiCRS) initiative. The funding, co-led by Pulse Fund...
Jenn Bonine, CEO of Valhalla Capital Consortia, discusses their ESG-focused funding strategy ($5m – $20m) for small business founders with ESG News CEO Matt Bird at the World Economic Forum....
Twelve, a carbon transformation company, has secured an additional $83 million in Series C and project funding, advancing its mission to replace fossil fuels with CO2-derived materials. This brings total...
2024 marked a transformative year for the Green Climate Fund (GCF) as it advanced its mission to empower developing nations facing the climate crisis. Here’s how GCF delivered tangible progress...
Gravity, a leading carbon accounting and energy management platform, announced a $13 million Series A funding round, led by Ansa Capital and joined by Eclipse, Hanover, Caffeinated Capital, and other...
Algebris Investments has launched its first venture capital fund, Algebris Climatech, with an initial close of approximately €60 million. Institutional investors, including major Italian pension funds and CDP Venture Capital,...
Mobilizing substantial capital: Global impact leader responsAbility Investments has advanced its Asia Climate Strategy to over $350 million in its third funding round, surpassing initial private sector capital mobilization goals....
White Summit Capital has completed the first close of its Decarbonization Infrastructure Fund II, raising over €350 million, surpassing 50% of its €500 million target. Investors include the European Investment...
At COP29, the Multilateral Climate Funds (MCFs)—comprising the Green Climate Fund (GCF), the Adaptation Fund, the Climate Investment Funds (CIF), and the Global Environment Facility (GEF)—announced the launch of the...
Key Impact Points Aviva Investors Launches Carbon Removal Fund Aviva Investors has launched an innovative Carbon Removal Fund (CRF) that offers institutional investors access to a range of high-integrity carbon...
Key Impact Points: The Securities and Exchange Commission (SEC) has charged New York-based investment adviser WisdomTree Asset Management Inc. with making misstatements and failing to comply with its own investment...
Key Impact Points: Why it matters: eBay is scaling its Circular Fashion Fund (CFF) globally, with applications open until November 15, 2024. The fund will help innovative tech start-ups and...
Pioneering Global Decarbonization Efforts During the Ministerial day of the 15th Clean Energy Ministerial (CEM15), the Climate Investment Funds, one of the world’s largest multilateral climate funds, announced a significant...
Driving Sustainable Growth in Emerging Markets The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have deepened their partnership by establishing...
Climate Asset Management (CAM) announced the final close of its Natural Capital Fund and Nature-Based Carbon Fund, raising over $1 billion. Partnering with Apple’s Restore Fund, the funds focus on...
TotalEnergies Joins Japan’s First Low-Carbon Hydrogen Fund TotalEnergies has entered the “Japan Hydrogen Fund” as an investor during its first close. The fund, initially endowed with over $400 million, is...
Upright has just launched a groundbreaking open database, the first of its kind, covering the science-based impact of over 35,000 mutual funds and ETFs worldwide. This initiative offers an unprecedented...
Nest Pension is venturing into a new asset class: timberland. This strategic move is designed to diversify the pension portfolio while promoting sustainable forestry practices that benefit both the environment...
Breakthrough Energy Ventures (BEV), backed by Bill Gates, has secured $839 million for its third flagship fund, BEV III, according to a recent regulatory filing. This makes it the largest...
Key Impact Points: Schroders announced the UK launch of the Schroder Emerging Markets Value Fund, addressing the increasing UK client demand for exposure to the long-term growth potential of emerging...
The governing board of the Climate Investment Funds (CIF) endorsed two investment plans for a total of $61 million in funding, harnessing nature-based solutions to address climate change in the...
UBS Global Wealth Management (GWM) launched the engagement fund in a collaborative approach with Rockefeller Asset Management (Rockefeller). The UBS Rockefeller Ocean Engagement Fund, seeks to provide financial returns and...
PAG, a leading Asia Pacific-focused alternative investment manager, announced today that it has closed its first renewable energy-focused fund, PAG REN I, with a total of USD550 million in capital...
Ocean 14 Capital Fund I, focusing exclusively on the multi-trillion-dollar ‘blue economy’, has announced it has closed on €201 million to support its mission of funding sustainable solutions to improve ocean health....
Climate Solutions Week kicked off at the Headquarters of the OPEC Fund for International Development (the OPEC Fund) in Vienna. An OPEC Fund initiative, the event is bringing together global...
At the the Africa Regional Forum on Sustainable Development (ARFSD), SUCCA Africa announced that they have taken a significant step towards supporting West African businesses in their transition to net...
Partnership to advance GRESB’s continued leadership in global ESG benchmarking to support transition to sustainable real assets Existing shareholder Summit Partners to retain minority stake in GRESB GRESB, a leading...
Wellington Management, one of the world’s largest independent investment management firms, today announced the final close of the Wellington Climate Innovation Fund, with US$385 million in commitments. CIF is Wellington’s...
Acre Impact Capital, a pioneering private-debt impact investment manager, announces the successful first closing of its Export Finance Fund I. With commitments nearing US$100mn and a robust target of US$300mn,...
Calls for innovative solutions as part of its AI for Climate and Nature Grand Challenge The Bezos Earth Fund unveiled an AI for Climate and Nature Grand Challenge – under which up to $100...
Chevron Technology Ventures, the venture arm of Chevron Corp., has launched its third Future Energy Fund with a commitment of $500 million to invest in renewable energy technologies. The fund...
Toyota Ventures, the early-stage venture capital arm of Toyota, announced two $150 million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation. The...
BlackRock, the world’s largest asset manager, is under fire again for its environmental, social and governance (ESG) investment strategies. This time, Mississippi Secretary of State Michael Watson issued a “cease...
The recent explosion of climate-focused investment vehicles has sparked a crucial question: how impactful are these funds in driving the transition towards a sustainable future? A closer look at the...
BNP Paribas Asset Management announces the launch of the BNP Paribas Global Net Zero Transition Equity fund, a Luxembourg-domiciled equity fund offering investors exposure to a well-diversified strategy across sectors,...
Today Apple welcomed key manufacturing partners Taiwan Semiconductor Manufacturing Company (TSMC) and Murata Manufacturing as new investors in the Restore Fund, which is designed to scale global investment in high-quality,...
CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the successful completion of its $80 million Series A financing following the addition of multiple strategic investors that include...
The Southern African Power Pool (SAPP), in partnership with the Southern African Development Community (SADC), announced the appointment of climate-centric blended finance fund manager Climate Fund Managers (CFM) to manage...
S&P Dow Jones Indices, the world’s leading index provider, announced the launch of the S&P Biodiversity Indices, adding to the range of sustainability-oriented performance benchmarking tools it offers to asset managers...
Nest, the UK’s largest pension scheme, is embarking on a groundbreaking journey towards a more sustainable future with a £5 billion equity fund dedicated to Environmental, Social, and Governance (ESG)...
BNP Paribas Asset Management (‘BNPP AM’) announced the launch of the first two funds in its new suite of innovative fixed income exchange-traded funds (‘ETFs’). BNP Paribas Easy Sustainable EUR Corporate...
Schroders announced the launch of a listed global equity impact fund amid growing demand from clients for public equity-focused impact strategies. Schroder International Selection Fund (Schroder ISF) Global Equity Impact is...
AXA Investment Managers (AXA IM) has launched a UK-domiciled global short-duration bond fund focusing on the path to net zero, with Aon providing £127 million in seed capital. The AXA...
Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis CIB, Safran, and Technip Energies are now part of first-of-its-kind effort to reduce emissions and drive production of sustainable aviation fuel (SAF)...
Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, today announces the launch of Schroders Greencoat Global Renewables+ Long-Term Asset Fund (LTAF). This is the UK’s...
The Trust Fund Committee of the Climate Investment Funds (CIF) endorsed a $70 million plan, with an initial allocation of $46.39 million, to advance the integration and utilisation of renewable...
The Amazon Fund, the world’s largest initiative to combat deforestation and forest degradation (REDD+), achieved a historic milestone in 2023 with approvals for projects and public calls totaling R$1.3 billion....
The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, expanded its new commitments to US$1.7 billion across 55 projects globally in 2023, providing funding to address climate...
With significant institutional investor backing, Fund III closes at more than double the size of the previous fund and will deliver significant greenhouse gas emissions abatement. ArcTern Ventures (ArcTern), a Toronto-based...
EIT InnoEnergy,the innovation engine for sustainable energy supported by the European Institute of Innovation & Technology (EIT), a body of the European Union (EU), and Demeter Investment Managers, a major...
Key Impact Points: The Schwab Foundation’s Global Alliance for Social Entrepreneurship today launched the Rise Ahead Pledge, a new initiative that will mobilize private sector commitments on social innovation to help...
Key Impact Points: The Bezos Earth Fund today announced a $1 million ideation prize to generate creative ideas and solutions to remove greenhouse gas emissions from our atmosphere. “We know...
TAS announces the final closing of its fourth value-add development real-estate fund, TAS Impact Development LP 4 (“TAS LP4”). Having raised a total of $123 million in equity commitments for...
SDG Namibia One Fund, Namibia’s dedicated green hydrogen blended finance vehicle and the designated funding partner to Government of Namibia’s green hydrogen initiatives (the “Fund” or “SDG Namibia One”), and...
First Abu Dhabi Bank (FAB) has introduced its first ESG-oriented fund for its Private Banking clients, providing clients with access to sustainable investing. The FAB Sustainable Development Goals Fund (FAB...
A new IFC investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and Africa, helping support job creation, foster GDP growth and...
Apollo Clean Transition Equity ELTIF to provide European investors greater access to clean transition investments across private markets Launch supports Apollo’s goal of deploying $50B in clean energy and climate...
Oversubscribed Third Private Equity Fund Closed at $2.8 Billion Hard Cap, Alongside Dedicated LP Co-Investment Vehicles Fund Focuses on Buyout and Growth Investments in Industrial Decarbonization Sector Ara Partners (“Ara” or the...
BNP Paribas announces the launch of BNP Paribas Climate Impact Infrastructure Debt, an initiative supported by the aligned commitments of BNP Paribas Asset Management (‘BNPP AM’), BNP Paribas Corporate & Institutional Banking (‘BNPP CIB’) and...
Largest-ever private equity fund close for an Asia-based independent fund manager that focuses on next-generation infrastructure to bolster the region’s energy transition and digital infrastructure development Seraya Partners, the first...
The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2) with capital of up to...
The fund is focused on investment in greenfield renewable energy infrastructure in high growth middle-income markets and is expected to enable more than 10 GW of clean energy Copenhagen Infrastructure...
At the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to...
Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help advance sustainable low-carbon economic...
Power Sustainable, an alternative asset manager, today announced a CAD $200 million commitment for the Power Sustainable Energy Infrastructure partnership (the “Fund”), for a final close of CAD $800 million for Vintage II. This brings...
The Commission launched the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channelled through the Innovation Fund. Producers of...
The Commission is opening the Innovation Fund‘s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from...
San Diego-based snack food business awarded a $100,000 grand prize after an extensive six-month mentorship program PepsiCo announced Mexican-inspired snack company, CHUZA as the winner of the eighth class of the Greenhouse...
American Express proudly announces a three-year, $2 million grant to help the Tunnel to Towers Foundation fund housing for veterans in need nationwide. The New York-based non-profit is dedicated to honoring the...
EU Climate Commissioner and Chief COP28 Negotiator Wopke Hoekstra met with COP28 President Designate Dr Sultan Al Jaber to discuss the preparations for COP28, which will take place in Dubai, United Arab...
The governing board of the Climate Investment Funds (CIF) endorsed two wide-ranging investment plans to transform the energy systems of Costa Rica and Fiji and help enable each country’s grid...
The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed 14 new development loan agreements worth $580m with 12 African ministers to fund projects in Angola, Burkina...
BBVA is investing $25 million (€23.6 million) in climate fund Decarbonization Partners Fund I, which raises the bank’s total investment in climate-related funds to €108.4 million. The bank is actively...
Funding will reduce water and energy waste, which can lower carbon emissions, and help create lasting water or sanitation solutions for 20 million people The Bezos Earth Fund announced a...
An International Monetary Fund (IMF) team, led by Ruben Atoyan, visited Kigali during October 17–31, 2023, to discuss the authorities’ policy priorities and progress on reforms within the context of...
BlackRock’s Climate Finance Partnership (CFP) has made its first investment in Latin America, acquiring a minority stake in Brasol, a Brazilian renewable energy firm. “We’re really excited to get a...
What to know Each day, climate change is impacting athletes* all over the world. Climate change is not only a threat to sport, it’s also a critical social issue that...
Landmark investment positions GOZEN to amplify its influence in next-gen materials GOZEN, the revolutionary biomaterials startup that is set to disrupt the fashion, automotive and home furnishings industries, has just...
Copenhagen Infrastructure Partners has reached final close for its two new funds, CI Advanced Bioenergy Fund I (CI ABF I) and CI Green Credit Fund I (CI GCF I) with...
PayPal Holdings, Inc. announced that it has invested in Sweef Capital‘s Southeast Asia Women’s Economic Empowerment Fund (SWEEF) and Quona Opportunity Fund to support their shared mission to advance women’s inclusion in the...
Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable finance, announces the project launch of Mirova Energy Transition 6 (MET6), its sixth strategy dedicated to energy transition infrastructure, aiming...
Over-subscribed second fund backs disruptive technologies in diverse industries ranging from built environment, to transportation, energy and agriculture At One Ventures, the climate tech venture capital firm founded in 2020...
National Investment and Infrastructure Fund Limited (“NIIFL”), India’s collaborative investment platform for international and Indian investors, anchored by the Government of India, announced the establishment of its first bilateral fund, the...
ELECTRIC HYDROGEN (EH2) announced the successful completion of an oversubscribed $380 million Series C financing. The new capital will accelerate the company’s manufacturing and deployment plans to meet strong customer...
Morgan Stanley at Work, a leading provider of workplace financial solutions, announced a new charitable giving solution, which simplifies corporate clients’ and their employees’ ability to donate through a donor...
Danish pension fund AkademikerPension, which oversees $20 billion in client assets, has completed a multiyear divestment program to purge its portfolio of oil and gas stocks. AkademikerPension has announced that...
Paine Schwartz Partners (“Paine Schwartz”), a global leader in sustainable food chain investing, announced the final closing of Paine Schwartz Food Chain Fund VI, L.P. (“Fund VI”) at $1.7 billion of total...
The OPEC Fund for International Development (the OPEC Fund) is supporting food security in Egypt with a US$10 million contribution to a US$200 million syndicated trade finance facility with the...
50 organizations granted a total of $25 million to pilot or expand catalytic solutions to improve food security globally Citi Foundation announced the grant recipients of its first-ever Global Innovation...
The U.S. Environmental Protection Agency (EPA) has invited bids from state, local, and tribal governments for $4.6 billion in grants to implement climate action plans to lower greenhouse gas emissions....
U.S. Environmental Protection Agency (EPA) launched $4.6 billion in competitive grants to fund state, local, and Tribal programs and policies that cut climate pollution, advance environmental justice, and deploy clean...
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