Energy transition

‘Impact Investing and the Just Transition’ report: Infrastructure investors are playing a central role in funding the energy transition but sustainable infrastructure strategies are increasingly encompassing social impact and factoring in a just transition.

British International Investment, the UK’s development finance institution, is funding a second green bond arranged by Symbiotics, lending to MSME banks supporting India’s green energy goals.

The World Economic Forum’s annual report on the energy transition finds many countries are still heading in the right direction, but that progress is slowing.

A report from UBS Asset Management and Planet Tracker aims to provide investors in solar, wind and bioenergy with a roadmap on holistic approaches to nature-related risks.

The agency’s chairman Fatih Birol is pushing for increased institutional support for lagging investment in developing countries. He wants the issue to be the focus of this year’s COP29 climate talks in Azerbaijan.

In a report on progress in their talks with the banks, the collaborating investors say the just transition should be central to banks’ decarbonisation strategies. 

Private equity firm Mentha has launched what is says is the first impact buy-out fund to target the Benelux region, announcing a first close of €100m.

Reactive Technologies has raised £25m in a funding round led by M&G Investments, BGF and Breakthrough Energy Ventures for the global expansion of its technological solutions in support of the renewable energy transition.

The AIIB guarantee underpins a syndicated loan to support green projects in which Société Générale, ING and Standard Chartered Bank participated.

The new fund will focus on investments in commercially proven technologies such as onshore wind, solar panels and small-scale hydropower.