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...
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...
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...
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...
HSBC Holdings, one of the world’s largest banks, has announced plans to allocate $1 billion in financing to support climate-tech startup companies around the world. The financing is expected to...
Citigroup (C), BNP Paribas, and Standard Chartered are considering financing a $15 billion program to protect Indian Ocean habitats, Bloomberg reported, citing Thomas Sberna of the International Union for Conservation...
The Funding Will Fuel Denominator’s Leading Market Position and Expand the Pioneering Work to Create Transparency Around DEI Worldwide Denominator, the leading provider of data-driven solutions for promoting transparency in...
EUR15 million endowment fund aimed at communities facing greatest disaster risk presented at Climate Week NYC L’Oréal announced a new EUR15 million endowment fund to support vulnerable communities to develop greater resilience in the face of climate disasters. The...
Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, has tightened its climate risk demands on companies it invests in. The fund, which pools the Norwegian state’s revenues from oil...
Novo Holdings, which controls 77% of the votes in what is now Europe’s most valuable company, will invest about 2 billion kroner ($290 million) in a new energy transition fund, expanding...
Edelweiss Alternatives, part of Edelweiss group, said it has launched its maiden climate fund, which will invest in different ventures related to cleaner climate. The fund will have a corpus...
The UK’s largest single climate funding commitment boosts GCF’s second replenishment and global climate action The Green Climate Fund (GCF) has welcomed the UK government’s announcement of a USD $2billion...
Funding will enable locally led restoration of 600,000 hectares critical for climate and livelihoods The Bezos Earth Fund announces $22.8 million to accelerate the restoration of two African landscapes critical...
BBVA has invested 25 million dollars in a new round of financing from the venture capital fund Lowercarbon, which specializes in decarbonization. This new investment, added to a previous one...
Decarbonization Partners, a partnership between BlackRock and Temasek focused on investing in next-generation private companies that support the acceleration of decarbonization and the transition to a net-zero economy, has co-led...
The Biden administration announced plans to invest $12 billion in grants and loans to help the auto industry transition to electric vehicles. The funding will be used to support the...
Climate projects, micro, small, and medium-sized enterprises (MSMEs), women and farmers in Asia and the Pacific have benefited from record amounts of funding from IFC. The funds will alleviate poverty...
Funding to benefit nearly 480,000 people and advance President Biden’s Investing in America agenda – a key pillar of Bidenomics Investment includes $78 million for lead pipe remediation, furthering the...
Building on its commitment to preservation, Ørsted’s donation will support land conservation and restoration activities in the Kansas Flint Hills Ørsted, a leading clean energy company in the U.S., announced...
Three projects being developed by Green Hydrogen Company (GHECO), a joint venture formed earlier this year by Schroders Greencoat and Carlton Power, have been progressed to bilateral negotiations in the first...
Tokyo, Japan – Sony Group Corporation (“Sony”) offers its deepest sympathies to the populations affected by the wildfires that occurred in Maui, Hawaii, U.S. on August 8, 2023. Sony will...