The investment, underpinned by backing from West Yorkshire Pension Fund, will help Oyster Heaven provide environmental benefits by restoring lost oyster habitats.
Gemma Bourne, managing director at social investor Better Society Capital, reflects on the pivotal role of local government pension schemes and combined authorities in advancing inclusive growth in the UK.
The funding will support the roll-out of mini-grids powered by clean and affordable energy sources across the West-African country, where 90 million people have no access to electricity.
The recent investment sees the fund managed by the Swiss impact investor surpass $410m at fourth close with the aim of reaching a final close of $500m by year’s end.
Vireo Ventures’ electrification fund secured the backing of a wide range of private, corporate and institutional investors across the European energy system.
A new report highlights routes to partnerships between the UK’s local government pension schemes and the growing number of fund managers operating in the place-based investment space.
Despite significant growth, the report’s authors call for greater transparency and more credible reporting, cautioning that without these safeguards gender bonds risk becoming little more than “vanity projects”.
The commitment will allow Planting Naturals to grow its operations and boost incomes and livelihoods for its growing network of farmers in the West-Africa country.
A Cardano study has explored new ways to monitor biodiversity impact, and raises the prospect of using eco-acoustics to measure investee progress in achieving biodiversity goals.
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