Sustainability

The fund will lend money to firms offering access to clean energy solutions for both households and business in emerging markets.

Julia Leung, the Hong Kong financial body's deputy chief exec, says asset managers in Asia tend to focus more on governance than environmental concerns.

The French fund manager will finance its portion of the €2.2bn acquisition through its recently closed European renewables fund and a co-investment vehicle created for this specific transaction.

The fund manager used crowdfunding for an industrial-scale clean energy project in France, while in the US it partnered with Engie to help the University of Iowa transition to a zero-carbon footprint under a 50-year utilities concession.

The industry needs to take pole position and have zero tolerance for slip-ups if it doesn’t want to end up as a rule-taker.

OPIC’s David Bohigian explains how Blue Dot Network, a multilateral initiative backed by the US, Australia and Japan, will establish best practices that will serve ‘as a seal of approval on project excellence’.

Only 40% of the debt issued during Q3 of this year met international criteria on green finance.

Pollination will focus solely on energy transition through advisory services it will provide to governments and policy makers and its investment arm, which will seek to raise $4bn.

The project marks the beginning of the Swiss fund manager’s partnership with Perth-based Starling Energy, a manager of distributed energy assets.

Climate concerns have historically been an afterthought for North American capital, but that is changing, as evidenced by the $240bn pension's new sustainability plan.