The capital will go to social enterprises providing support to those struggling with the cost of living crisis and back energy saving solutions. Local communities will have larger say over spending priorities via new community wealth funds.
This is the UK’s development finance institution’s first direct investment in Sudan, and it aims to help improve supplies of staple foods at a time of disrupted supply and rising costs.
GeoPura intends to build a fleet of over 3,600 clean generators by 2033. Backers include Barclays Sustainable Impact Capital, GM Ventures, SWEN Capital Partners and Siemens Energy Ventures.
The organisations have obtained £108m forward funding for UK build-to-rent development in Leeds and are planning to develop a low-carbon aparthotel in London.
Incubated by Big Society Capital, the new community for impact-driven venture capitalists has already attracted over 300 members representing some €13.5bn of assets under management.
The Berlin-based fund has its own in-house science team and invests in startups providing solutions for climate mitigation, resource savings, biodiversity protection and waste reduction.
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