Global issuance of sustainability-linked loans has softened slightly since a surge of facilities in 2021.
Over 30 firms with impact or energy transition strategies have received GP stakes investment, New Private Markets research shows.
The US impact investment firm could provide $20m for climate tech company Partanna through the Global Fund for Coral Reefs.
The firm will invest almost $40m into the project, which will be deployed from its Climate Investor Two fund.
The Italian company repurposes residue from the leather industry to provide inputs for agriculture, construction and energy.
Aleksandra Holmlund, who runs Qarlbo Biodiversity, said she wanted the deal to be 'transparent and easy to understand, and verified by someone other than ourselves'.
NYSE-listed investor AMG has partnered with several sustainability-focused firms.
The firm intends to restore 40,000ha of degraded land across the assets located in Argentina, Costa Rica and Madagascar.
The $30bn climate investor has invested $100m into an Indian renewables company alongside Brookfield's second transition fund.
Ardabelle Capital, which invests in companies that improve the sustainability of supply chains, is the fourth investment from TPG Next fund.