TLDR:
- Climate Investment plans to launch Fund II before year-end.
- The firm, backed by oil and gas majors, will also establish a growth equity strategy.
Article Summary:
Climate Investment is gearing up to introduce its second early-stage fund by the end of the year. The firm, supported by a group of oil and gas majors, is also set to implement a growth equity strategy alongside the new fund. This initiative is aimed at furthering climate solutions and ESG ventures in the market.
The company’s plans for Fund II come amidst a growing interest in impact investing and sustainable finance. Climate Investment’s focus on renewable energy and environmentally-friendly projects aligns with the global push for more sustainable business practices.
With the backing of key industry players, Climate Investment’s upcoming fund launch is expected to attract attention from investors looking to support ventures that address climate change and promote sustainable development.
