PGGM made the investment on behalf of client PFWZ, the pension fund for the Dutch health and welfare sector, which has allocated €1bn to the energy transition over the next five years.
The new fund is focused on early-stage startups that aim to improve the lives of workers in sectors with low pay and insecure employment, using data and technology.
Wealthy investors who want to create social and environmental impact often rely on far more than just money, according to a new report by the University of St. Gallen and the MIT Sloan Sustainability Initiative.
Real assets are becoming a safe haven for impact investors as population growth, urbanisation, energy demand and food insecurity put the planet under increasing pressure, a report by Phenix Capital said.
The funding will support the roll-out of mini-grids powered by clean and affordable energy sources across the West-African country, where 90 million people have no access to electricity.
Vireo Ventures’ electrification fund secured the backing of a wide range of private, corporate and institutional investors across the European energy system.
The commitment will allow Planting Naturals to grow its operations and boost incomes and livelihoods for its growing network of farmers in the West-Africa country.
The cooperation between both organisations targets nature-based solution companies within the value chains of globally traded commodities in Indonesia including coffee, cacao and coconut.
The impact investor’s recently launched inclusive growth strategy focuses on businesses that are delivering positive outcomes for vulnerable people in the UK.
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