climate solutions

Lægernes Pension & Bank and P+ Pensionskassen for Akademikere have invested a combined $219m to CI Green Credit Fund I.

Following the CI investment, Trace Carbon Solutions will have over $420m of equity capital commitments from Quantum Capital Group, CI and Trace Management.

Climate Investment – the firm founded by 12 energy majors in the Oil and Gas Climate Initiative – is targeting $750m for the Decarbonisation Acceleration Fund.

From nuclear-produced pink, purple or red hydrogen, to solar-generated yellow hydrogen or turquoise hydrogen made through methane pyrolysis, the options far exceed grey, blue or green. 

While scaleability remains a concern, microgrids have a significant role in bringing power to developing countries.

Already an industry frontrunner in CCUS, the US has taken important steps to accelerate its decarbonisation efforts.

Brookfield is expecting ‘strong re-ups’ and new LPs for BGTF II, which the firm expects will be larger than its $15bn first impact fund.

Blackstone Green Private Credit III – the biggest energy transition credit fund to date – has an appetite for fossil fuel investments such as LNG, straddling energy transition and affordability goals.

BlackRock’s climate infrastructure team has launched a New Zealand-focused fund that aims to raise its capital from domestic investors to accelerate the country’s energy transition.

The firm has deployed almost 60% of its debut climate fund, which closed on $7.2bn earlier this year.