Home Climate
climate
Amid a ‘much more difficult’ fundraising environment for oil and gas production strategies, the Tomorrow Fund has raised $1bn at first close for its first fund.
An equal partnership with indigenous groups aims to create new infrastructure in remote Australia that benefits Aboriginal people and takes a different approach to First Nations consultation and consent.
Without short-term targets and transition plans for portfolio companies individually, net-zero targets by financial institutions do not guarantee decarbonisation of the real economy.
Blackstone has valued its energy transition portfolio at more than $20bn, having previously announced plans to deploy $100bn over the decade.
Fundraising plans for Ares' Climate Infrastructure Partners II and Brookfield's Global Transition Fund II are underway.
Blue Ocean 4Impact is being raised by asset management business EnTrust Global and is being created to invest solely in the equity of one company.
Development finance institutions, sovereign wealth funds and corporates pushed the fund beyond its initial target, drawn in part by its 'clear impact component'.
Software business's Scope 3 emissions tend to be significantly higher than their Scope 1 and 2 emissions.
EQT’s latest decarbonisation commitments go further than SBTi and NZAM requirements.
CarbonCure’s Series F funding round is a sign that carbon capture technology – a popular theme among climate funds – is scaling out of the venture stage.