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Climate Change

The volume of climate change-related litigation is on the rise, S&P says. Considering infra is responsible for 62% of all emissions, the industry should take note.
The developers explain the landmark Fargo-Moorhead river diversion procurement, which they hope will pave the way for more climate resiliency PPPs.
Offshore wind
Responding to the energy crisis, the UK has fast-tracked a 2050 zero-carbon electricity pledge to 2035. That brings with it some very serious security-of-supply doubts.
Following last week’s IPCC report, investors should stress-test their portfolios against realistic internal carbon pricing, boost allocations to energy transition strategies and consider divesting from carbon-intensive assets.
agriculture, solar
The energy transition-focused fund manager has deployed roughly 60% of Infragreen IV and plans to launch Fund V, for which it will link carried interest to ESG objectives, next spring.
BlackRock’s Larry Fink is latest to call on the World Bank and IMF to shift from lending to catalysing private capital investment in emerging markets.
Dai-ichi Life, Standard Chartered, MUFG and a fourth LP have committed $137.5m to the blended finance vehicle, targeting emerging markets climate infra.
The infra package currently under consideration may fall short of President Biden's initial ambitions regarding climate change, but it should be embraced for what it includes, UT Austin's Benjamin Leibowicz argues.
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