Investments by UK and Australian pensions institutions highlight forestry’s attractions for long-term investors seeking portfolio diversification and natural capital investment.
The Spanish company will use the investment to further scale its offering of automated wind-assisted propulsion systems for shipowners and shipping companies seeking to reduce fuel costs and polluting emissions.
The investment will be made in the Klima Energy Fund II from global financial services firm Alantra, which will focus on scaling technologies that are needed for Europe’s energy transition.
British International Investment has partnered with FirstRand to launch the facility, which aims to accelerate transition finance projects across Africa to respond to the challenges of climate change.
Water Unite Impact is backing the Norwegian firm Flocean, whose subsea desalination technology aims to provide clean, sustainable freshwater with lower energy use.
At the COP 30 summit Belém, Europe did not get what it would have liked. Countries agreed to strive to triple funding for adaptation. But a plan to phase out fossil fuels did not come about, despite a back-guard battle by the EU.
Nine countries have backed the Brazil-led RAIZ accelerator that aims to galvanise public and private sector investment for the restoration of degraded farmland.
The initiative, which is being driven by Asian carbon project developer Varaha, will support the transition of over 337,000 smallholder farmers toward regenerative practices.
The bond, launched as the COP30 climate summit takes place in Brazil, is intended to provide a blueprint for further issuance to support development in the region.