The banking group is providing loans to Finnish companies making green and sustainable investments, with support from European Investment Fund guarantees.
The investment is in Sistafund, a French venture capital fund backing early-stage tech companies led by women and where women hold at least 30% of the founder shares.
The agreement was signed at COP16 with the aim of building resilience by developing nature-based solutions to face the twin crises of climate change and biodiversity loss.
The Norwegian private equity firm’s climate impact fund has received backing from a broad range of investors, and will focus on innovative technologies that improve the efficiency and sustainability of value chains, it says.
The Blue Revolution Fund, which aims to support the restoration of the marine ecosystem, has exceeded its initial €75m target, and aims to foster more sustainable practices in the commercial production of seafood.
The financing of the Dutch life sciences company is supported by the European Commission under its InvestEU programme. Lumicks aims to impact more than one million lives by 2027.
The organisations launched a set of recommendations to boost impact investing in the European Parliament this week, calling for closer collaboration between public, private and philanthropic actors to maximise impact.
Danish company MATR Foods has signed a €20m loan agreement with the European Investment Bank to expand production of its clean label plant-based meat alternatives.
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