The fund secured investment from institutions including British Patient Capital and plans to fund impact startups in areas such as energy, transportation, and agriculture.
Pension funds highlighted the importance of investing in the just transition as part of a holistic approach to risk, and talked about some of the challenges and complexities they are facing.
The private markets fund has deployed more than £1bn to date, including investments in the biggest operational solar portfolio to ever be traded in the UK.
The investment from Zurich-based responsAbility, following on from one from the Development Bank of Austria, reflects growing interest in supporting India’s energy transition among international investors.
Could artificial intelligence be the answer to saving the planet? Jeff Bezos, the multi-billionaire founder of Amazon, wants to find the answer with this latest initiative.
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