In brief: What makes a ‘climate fund’ an ‘impact fund’?

Impact consultancy Tideline has created a guide for climate funds setting out best practices for impact management.

Impact consultancy Tideline has outlined best practices in impact management for climate funds with the release of its latest guide, Truth in Climate Impact. Amid ongoing debate and regulatory action around what defines an impact strategy, Tideline’s guide sets out how climate funds can credibly call themselves “impact” funds, drawing on case studies from Brookfield’s Global Transition Fund and British International Investment’s Climate Change Strategy.

The report follows Tideline’s 2021 study, Truth in Impact, which sought to guide investors on the difference between impact funds, thematic funds and ESG funds.