Brookfield and TPG have launched emerging markets-focused climate funds with commitments from ALTÉRRA, the UAE's climate sovereign wealth fund.
... and tell senior editor for private debt Andy Thomson how they view the industry's progress on ESG.
The Californian pension fund has acquired a stake in Just Climate, the innovative climate investment firm founded by Generation Investment Management.
Matthew Mendes, the $73bn pension's head of infrastructure, lists obstacles to transitioning high-emitting and hydrocarbon-based assets.
LeapFrog is looking to raise as much as $600m for its climate strategy, including a substantial anchor investment from its strategic partner and shareholder Temasek.
'Carbon reduction and net zero is in no way under control. It's not time to turn our attention to biodiversity or elsewhere just yet,' says Pamela Thomas, US real estate managing director at CPP.
Maryland SRPS's DE&I consultant finds the pension's credit and real assets fund managers are the the lowest-scoring for diversity.
Australia has allocated another $13.5bn to CEFC for fund and direct investments – including $12.5bn for infrastructure projects and $300m in venture capital.
REST has committed to achieving a one percent impact allocation by 2026, according to its annual report.
images of buildings
Decarbonising is about ‘value preservation’, says Ivanhoé Cambridge’s Michael Neuman, because ‘sooner or later, we’ll have to pay the price for the carbon our buildings emit’.

Copyright PEI Media

Not for publication, email or dissemination