The Norwegian private equity firm’s climate impact fund has received backing from a broad range of investors, and will focus on innovative technologies that improve the efficiency and sustainability of value chains, it says.
OroraTech has raised €25m for its wildfire predictive AI technology, and for its global expansion plans. Extreme wildfire events are an increasing challenge, more than doubling globally from 2003 to 2023.
The fund aims to provide investors with access to a range of carbon removal projects, at a time when governments are waking up to the scale of work required to meet the goals of the Paris Agreement.
Institutional investors and managers in the UK predict significant growth in the impact investing market, with place-based investing gaining the most momentum, according to a Pensions for Purpose survey.
The Blue Revolution Fund, which aims to support the restoration of the marine ecosystem, has exceeded its initial €75m target, and aims to foster more sustainable practices in the commercial production of seafood.
The loans to boost financial inclusion and the hydropower sector represent the first direct investments in the Himalayan country by the two Nordic development finance institutions.
A consortium of French institutions have chosen Mirova to manage the Fonds Objectif Biodiversité, which will focus on investment solutions targeting biodiversity preservation.
The impact investing market is growing fast indicating mainstream acceptance of the sector. Still, the pace of capital allocation towards the SDGs is far from sufficient to tackle the worst effects of climate change and global inequality, according to the GIIN.
Impact fund manager Gaia highlights the challenges facing the transition to clean energy in sub-Saharan Africa in the absence of a viable secondary market.
From now on you will receive our newsletter 3 times a week (Tue, Thu and Fri).
Free newsletter. Sign up now
Register your email address and receive our newsletter direct to your inbox.
Offering independent news and analysis about impact investing and sustainable finance.
For free.