Climate & environment

The investment for its newly launched nature and social outcomes strategy takes L&G’s total commitment to the sector to over $1bn.

New research offers a guide to investors on how to move away from traditional impact investing towards a more holistic approach.

Infranity is providing a €125m anchor contribution to a facility for the IFM Net Zero Infrastructure Fund, which is managed by IFM Investors.

Amber Infrastructure will be working with a place-based investor to attract green investment. The West of England Mayoral Combined Authority hopes to secure an additional £90m to the fund.

The venture, which was started by a firm chaired by former US vice president Al Gore, will use the money to accelerate investment in natural climate solutions.

The private debt specialist will provide financing to firms offering solutions in climate, health, education and other areas.

The partnership aims to help local communities build their own clean energy infrastructure, or buy stakes in larger regional renewable projects.

The fund, backed by development finance institutions and foundations, supports a new wave of tech-savvy entrepreneurs seeking to build sustainable businesses tackling climate impacts on the continent.

The funding will allow HBL, the largest bank in Pakistan, to increase badly needed financing for the country’s smallholder farmers and agribusinesses.

The fresh capital doubles the total amount raised through the fund and will support the expansion of more environmentally-friendly data centres.