The Boston-based venture capital firm will use its first fund to scale up its investment capabilities and build the clean energy pipeline for later-stage investors.
- Rather than viewing climate change as a threat, Africa’s investors should view it through the prism of opportunity, Michelle Kathryn Essomé, CEO of the African Private Equity and Venture Capital Association.
- Japan has been staking out a leadership position in sustainable investing. Still, two of its largest industries, energy and seafood, have been slow to follow. Two recent reports call out environmental-related risks for Japan’s economy.
- Catholic congregations long known for providing healthcare and services for the poor are expanding their ministries to drive positive impact through their pension and investment portfolios.
- Major institutional investors are moving to change the indexes. The world’s largest pension fund, the Government Pension Investment Fund of Japan, has moved $40 billion in its equities portfolio from a traditional passive index based on market capitalization to one weighted for environmental, social and governance themes and, in particular, de-carbonization.
- If it takes hold, the change could trigger a massive shift in assets and, over time, reward companies that make faster transitions to the low-carbon economy and punish those that move slower.
Proceeds from the conservation organization's first bond offering will go towards its Working Forest Fund, which is looking to bring together philanthropic and private capital to secure one million acres of U.S. forests.
- “Not enough capital is flowing” toward the low-carbon transition, Michael Bloomberg declared at last year’s Bloomberg Global Business Forum. The unavoidable takeaway from yesterday’s forum: Still not enough capital is flowing.