PSP Investments

About the fund

Industrial Climate Solutions is a $1.5 billion fund managed by Just Climate that focuses specifically on decarbonizing hard-to-abate industrial sectors, with green steel production being a key area of investment. The fund operates globally, targeting climate solutions for emissions-intensive industries that face significant technical and economic barriers to carbon reduction. With its final close completed, the fund represents a substantial commitment to financing the technological and infrastructure transitions needed for industrial decarbonization. Industrial Climate Solutions aligns with the growing institutional investor interest in climate-focused strategies that address the most challenging aspects of the net-zero transition.