Subscribe to leading news on impact investing. MycoWorks makes a stronger and more durable “mushroom leather” that it touts as being both animal- and plastic-free.
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BNP Paribas closes sustainability-linked loan with JetBlue Airways
The margin JetBlue pays on its loan from the French bank will fluctuate with the airline’s environmental, social and governance score.
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Nonprofit Finance Fund’s $10 million fund to spur homeless housing in L.A.
The Accelerating Permanent Supportive Housing Fund will provide flexible loans that supportive housing developers can use and reinvest in multiple projects.
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Electrification of vehicle fleets sparks disruption of energy and transportation
Falling battery costs are expected to make light-duty electric vehicles cost-competitive by about 2024. But over the full life cycle, the total cost of ownership of electric fleets already beats gasoline-powered fleets.
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Germany’s KfW commits an additional $16.6 million to LatAm-focused eco.business Fund
The German development bank's additional commitment into eco.business Fund, a conservation fund it helped launch six years ago, will expand investments in Latin America and the Caribbean.
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Solactive takes stake in startup calculating companies’ climate footprint
German index provider Solactive invested in Frankfurt-based "right. based on science" for its model that analyzes companies’ and portfolios' climate contribution and risk exposure.
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KKR raises $1.3 billion for Global Impact Fund
KKR launched its Global Impact Fund just under two years ago as one of a few private equity firms seeking to raise a 10-figure impact fund.
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