Climate & environment

With natural capital at a crossroads, institutional investors looking to gain exposure to land, agriculture and forestry should strike now or risk being left behind, a new report says.

The early commitment of DKK 1.1bn aims to bolster support from the fund’s other development partners and accelerate the delivery of the 2030 SDGs and Paris Agreement climate agenda on the African continent.

Alotta, which has developed floating solar solutions, has raised NOK 63.5m and announced a power purchase agreement with Chilean salmon farmer Mowi Chile.  

In the past decade, the European Investment Bank has committed €2bn to future-proofing Dutch water projects against climate change.

Norfund has joined AIIM’s IDEAS Fund and the Mahlako Energy Fund to launch Anthem, a large-scale renewable energy platform which integrates several businesses and projects covering wind, solar PV and a hydroelectric plant.

Sustainability-linked bonds (SLBs) offer investors a way to align their investments with measurable environmental outcomes, while also serving as a test of both government policy credibility and environmental ambition, according to Ninety One.

NBIM says the investment will broaden its exposure to global energy transition projects and decarbonisation initiatives.

The French asset manager has invested in Revfin, a Delhi-based non-banking financial company specialising in electric vehicle financing.

ABW is looking for non-profits who use AI to tackle pressing and impactful challenges in line with the UN Sustainable Development Goals.

Climate ventures need a wider ecosystem of support if they are to succeed, with less focus on the unicorns and more focus on the wider forest, argues Ben Honan, investment lead at Climate KIC.