Climate & environment

Why the former British industrial powerhouse has turned to place-based impact investing to make a difference.

A report from the UK’s long-term saving industry draws up an action plan to generate more private investment in support of public infrastructure spending from the UK’s new National Wealth Fund and other sources. 

44.01, a tech firm named after the molecular weight of carbon dioxide, attracted investors including climate investment leaders, geological carbon storage experts and technology developers.

The study found that 13 out of the 17 UN SDGs are significantly underrepresented in funds available to retail investors.

The equity and bond strategies will target both social and environmental impact across nine impact themes and are being made available to both retail and institutional investors.

The loan will help NMB Bank Zimbabwe support famers and exporters in a country feeling the brunt of climate change impacts.

Spanish impact investor CREAS has raised €40m at first close for its €70m Creas Impacto II fund and announced its first two investments.

The Swedish impact investor’s inaugural venture fund was backed by European institutional investors and will back companies developing solutions to address future health and environmental challenges.

LUMO Labs is planning to support tech companies that make a positive contribution to society in areas including social care, education, climate and sustainable living.

Plus BII’s $20m loan to improve remittance flows into Africa | GRI /UN Global Compact update SDG reporting tool.