Investment

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 NMB Jamii Bond, Tanzanian NMB Bank’s inaugural sustainability bond, has cross-listed on the London Stock Exchange to drive institutional capital into the country’s climate finance and development projects.

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 fund secured investment from almost 50 investors and plans to fund 30 impact startups in areas such as climate tech, energy, biotech AI and health tech. 

Ocean 14 Capital Fund I, an impact fund investing in the blue economy, has announced it has reached a final close at just over €201m.

The investment manager highlights the need for capital investment to establish sustainable timber plantations and wood processing industries in order to meet growing demand.

The fund, supported by several European development finance institutions, will make up to 12 investments, including funding for the Indian microfinance sector.

The Global Steering Group for Impact Investment has been rebranded to reflect its focus on the broader narrative of impact, extending beyond just impact investing, according to chief strategy officer Alasdair Maclay.

Investors are becoming increasingly aware of the potential of natural capital to deliver “resilient and impactful returns”, a survey of British asset owners found.

The fund seeks to alleviate poverty and boost entrepreneurship in the region and it is London-based M&G’s second investment into an impact-driven public private partnership (PPP) model.