climate

Just Climate’s first fund, a growth equity strategy focusing on industrial decarbonisation, has made its first three investments.

Mizuho Financial Group – whose subsidiary Mizuho Bank is a repeat impact fund investor – has entered a ‘strategic partnership’ with Decarbonization Partners.

The annex fund was raised amid a rising opportunity set in energy transition, according to managing partner Reuben Munger.

The credit fund and a similarly-focused equity fund are expected to close in 2023, so Blackstone may soon have up to $13bn of dedicated capital for near-term energy transition investing.

The fact that most investors lack confidence in their net-zero plans should be read as a lack of data, not a lack of hope.

A carbon credit with inherently questionable value is no good for the climate or the sector but it’s also no good to throw the baby out with the bathwater.

The Science-Based Targets initiative has become the dominant global body for validating emissions reductions targets.

A handful of asset owners are blurring the lines of traditional asset classes for climate opportunities.

Fund V will be classified as Article 8 under the EU Sustainable Finance Disclosures Regulation.

Lightrock and Verdane are investing private equity capital into the wind industry.