"We found that the finance sector is part of the problem, when it could and should be part of the solution for addressing climate change,” said Brunel chief investment officer Mark Mansley.
GoodFuels has been acquired by the renewables arm of FinCo Fuels Group, which has committed to tracking established impact metrics.
The fund, launched by Cedrus & Partners and Swiss Life Asset Managers in April 2019, aims to re-house up to 2,000 people facing difficulties over the next ten years.
- By boosting the financial health of utilities and making it more economically viable for them to connect low income households to water service, CityTaps hopes to remove a barrier to water investors who may have traditionally been hesitant to back utilities as a way to address the UN’s Sustainable Development Goal 6 for water and sanitation.
The U.K.-based fintech startup helps workers alleviate financial stress by allowing them to tap unpaid wages as they earn them.