Climate & environment

The funding marks British International Investment’s first climate-directed debt facility in Vietnam, aimed at helping the country achieve net-zero emissions by 2050. 

Existing  investors include pension funds, Australia’s Clean Energy Finance Corporation, private banks and wealth managers. Plus, UK’s Smart Pension invests in Octopus Energy Generation. 

Renalfa IPP has closed a financing deal from investors to build out renewable energy capacity across Bulgaria, Hungary, Romania, and North Macedonia.

In its latest impact report, Union Bancaire Privée (UBP) explores the dilemma AI’s rapid expansion poses to impact investors.

Countries that are not committed to combating climate change are acting in violation of international law. That’s according to a ruling by the judges of the International Court of Justice in The Hague last week.

Malaysia’s largest sector pension fund KWAP is providing an initial investment of around €100m to the fund, which is seeking to raise capital from other institutional investors.

The money will be made available for small and medium-sized businesses and mid-caps, with a particular focus on financing climate-relevant and agricultural projects across the European Union.

FemoGas will use the funds to refinance and build liquid agricultural biomethane plants aimed at helping decarbonise Europe’s road and maritime transport sectors.

The SECO Startup Fund is under new management with a new strategy and a commitment to invest more than €5m to better serve firms in emerging markets.

The European Investment Bank and the Institut Català de Finances have signed a €100m loan agreement to support SME investment in sustainability and climate change adaptation and mitigation.