The fund has increased its investment in PEF Technologies, a tech firm developing a more sustainable, less energy-demanding alternative to traditional pasteurisation.
An impact fund launched in early 2022 to target Dutch circular economy projects that require patient capital has attracted new participants, including two insurers.
Launched by Oxfam Novib and Goodwell Investments, the Pepea fund will invest in the sustainable agriculture, energy, clean mobility and logistics, and waste management sectors with a focus on female entrepreneurs.
The Article 9 fund aims to deliver a total return with a reduced environmental footprint compared to the benchmark, measured using carbon, water and waste footprint metrics.
Most of the total capital raised by net zero-aligned-funds was directed towards meeting UN sustainable development goals relating to clean energy (SDG 7), and climate action (SDG 13).
The fund focuses on businesses committed to accelerating the transition to a sustainable, inclusive society. It requires portfolio companies to report on their impact, with the assistance of Amsterdam-based Impact Institute.
The database features a record number of 163 impact fund managers this year, highlighting a growing and maturing sector. Clean tech, alternative energy and climate change are top impact themes.