A range of CEFC assets valued at A$125m will seed the new open-end fund from asset manager Australian Ethical.

The manager behind PIDG’s Emerging Africa and Asia Infrastructure Fund also wants to see its Emerging Markets Transition Debt strategy scaled to $5bn.

The deal, which lands amid a push to increase Australia’s low-carbon fuel production, sees fund managers positioning bioenergy as a new infrastructure subsector.

The Emerging Asia Sustainable Infrastructure Fund is focused on Malaysia, the Philippines, Thailand, Vietnam, Indonesia, Laos, Cambodia and India.

While governments offer modest emissions pledges, real energy transition momentum comes from investors leveraging cheaper technology and long-standing policies.

The Meldora platform, managed by Gunn Agri Partners, will produce carbon credits backed by an offtake deal with mining group Rio Tinto.

Norway’s sovereign wealth fund stresses that engagement, rather than divestment, is usually the most effective way to manage nature-related challenges within portfolio companies.

The two managers are expanding their clean energy investment vehicle CarbonCount Holdings 1 through a private bond offering.

The investment firm has raised $1.7bn for ALLIF2 and looks to make investments in Asia, Latin America, Central and Eastern Europe, the Middle East and Africa.

COP29 has finally kick-started Article 6 of the Paris Agreement to establish transparent carbon markets, but critics warn unresolved flaws may undermine emissions reduction efforts.