climate solutions

Climate Investment – the firm founded by 12 energy majors in the Oil and Gas Climate Initiative – is targeting $750m for the Decarbonisation Acceleration Fund.

From nuclear-produced pink, purple or red hydrogen, to solar-generated yellow hydrogen or turquoise hydrogen made through methane pyrolysis, the options far exceed grey, blue or green. 

While scaleability remains a concern, microgrids have a significant role in bringing power to developing countries.

Already an industry frontrunner in CCUS, the US has taken important steps to accelerate its decarbonisation efforts.

Brookfield is expecting ‘strong re-ups’ and new LPs for BGTF II, which the firm expects will be larger than its $15bn first impact fund.

Blackstone Green Private Credit III – the biggest energy transition credit fund to date – has an appetite for fossil fuel investments such as LNG, straddling energy transition and affordability goals.

BlackRock’s climate infrastructure team has launched a New Zealand-focused fund that aims to raise its capital from domestic investors to accelerate the country’s energy transition.

The firm has deployed almost 60% of its debut climate fund, which closed on $7.2bn earlier this year.

The firm has announced plans to raise private equity climate fund this year, but the lion's share of its energy transition strategy will be debt and 'hybrid' capital.

The Gates Foundation’s climate venture fund raised $1.25bn for its second vintage in 2021 and $1bn for its first vintage in 2019 from billionaires including Jeff Bezos, Mukesh Ambani, Michael Bloomberg, Richard Branson and George Soros.