climate

Managing director and Asia chairman Xiang-Dong Yang said the firm is looking at climate-related investments in China and South Korea.

Apollo – after hinting at private debt and equity climate funds earlier this year – has registered a climate fund in Luxembourg.

While the energy transition can seem like an insurmountable task, innovations in private markets give reason for hope.

The UK and North America lag mainland Europe in divestment plans, fund services provider Auxadi’s survey of private equity managers shows.

Areas like steel, cement, agriculture and others are still being starved of the capital needed to decarbonise.

These increasingly popular assets’ environmental impact and vulnerability to climate change merit closer attention.

DC-based energy fund manager EIG has made 25% of its carried interest contingent on emissions reduction targets.

A quarter of the team's carried interest will be contingent on the fund's portfolio companies meeting carbon reduction targets.

A report published this week by LaSalle Investment Management and the Urban Land Institute drives home that non-uniform measuring of risks is keeping institutional real estate markets ambivalent.

‘We want to give businesses the support they need to make this transition’, says Guy Cormier, chief executive of Desjardins, which is an LP in Idealist Capital’s debut climate fund.