climate

If you want proof that taxing CO2 works, then look to Sweden, argues Helge Tveit, managing partner of EV Private Equity.

The Paris-based firm is raising a fund targeting decarbonisation and energy transition opportunities in North America.

‘Demand for climate resilience companies is driven by the rate and speed of climate change, not by the credit cycle or consumer behaviour,’ says Jay Koh, co-founder of impact firm Lightsmith, which has just raised its debut climate resilience fund.

More pledges are likely to come after Carlyle became the first high profile US private markets firms to formalise an emissions plan aligned with a net-zero target.

‘Big asset managers have the managerial bandwidth to make an impact on portfolio companies and their supply chains. There are no excuses,' says Fabio Ranghino, IIGCC’s private equity working group co-lead.

The former city treasurer who institutionalised ESG strategies in Chicago will lead public-private partnerships at Blackstone’s infrastructure group.

The listed manager has signed up to the Initiative Climat International.

The sustainable infrastructure investor sees potential in the untapped market of floating solar panels on bodies of water.

The bank’s asset management division committed $150m to anchor a new strategy targeting growth-stage climate companies.

Simpson’s hire comes as Franklin Templeton expands its private markets strategy after acquiring Lexington Partners last year.