Simon Jessop
Stories by Simon Jessop
ADB increases climate financing after US, Japan provide sovereign guarantees
The ADB has climate finance lending target of $100b between 2019 and 2030.
HSBC launches new climate-focused infrastructure finance unit
The new unit will also oversee the Pentagreen Capital JV, a sustainable infra debt unit launched with Temasek.
Google buys stake in BlackRock-owned Taiwan solar power firm New Green Power
It could buy up to 300 MW of renewable energy from New Green Power.
Brookfield Asset Management eyes $5b for UAE-backed climate fund
Anchored by a $1 billion commitment from UAE-based ALTÉRRA fund, the first close of the fund is expected by 2024-end.
Pension managers back climate group after high-profile US exits
Others to leave included the fund arms of JPMorgan, State Street, and Invesco.
BlackRock-Temasek partnership leads $150m funding in US thermal battery maker Antora
Lowercarbon Capital and BHP's VC unit were also among the investors.
JPMorgan, State Street walk out of climate group, BlackRock steps back
The decisions together remove nearly $14 trillion of total assets from efforts to tackle climate change.
HSBC partners with Google to meet $1b climate tech finance goal
HSBC will provide financing to companies picked by Google.
Investment firm Copenhagen eyes $3b for emerging market greenfield renewables fund
The 14-year Growth Markets Fund II will target wind and solar power and niche investments.
LeapFrog to invest $500m in companies fighting climate change in Asia, Africa
The money will target investments in the built environment, energy, mobility, and food sectors.
