Climate & environment

Nanogence, a Swiss building material innovation company, has received capital commitments from investors, including the UK’s Planet First Partners, CirCap, and the EIC Fund.

The fund will invest in countries where conditions for the development of green hydrogen projects and associated infrastructure are good, aiming to bridge the bankability gap and boost local economies.

Finnish engineering company Coolbrook Oy has been granted loan financing by Nefco to launch a ‘game-changing’ technology which may slash industrial carbon emissions by 30%

The company, which has just completed a second year of planting at one of its first projects in Sierra Leone, aims to generate high-quality carbon credits to help large buyers meet their net-zero commitments.

Impact investors need to address the data centre energy challenge, particularly in emerging markets. While it is essential for investors to support the development of digital infrastructure, sustainability is a key consideration.

Carbon Equity has received additional financial backing, bringing total funding to €9m. It now plans to grow distribution through a variety of different channels, including targeting high net worth and mass affluent investors.

The funding comes shortly after myenergi secured £30m in debt finance from UK lender HSBC.

New guidance from the Finance for Biodiversity Foundation seeks to tackle potential conflicts between climate and biodiversity investments and provides recommendations on how to minimise the trade-offs.

The fund has invested in 11 companies operating across the energy, mobility, the built environment and technology enabling sectors. They will all join the Katapult accelerator programme.

The impact investor’s second credit impact fund aims to improve access to education, financial services and affordable housing for underserved demographic groups in developing markets.