Christopher Marchant

Mirova's sustainable ocean fund achieves $132m close

Sustainablilty focused asset manager Mirova, an affiliate of Natixis, has closed its Althelia Sustainable Ocean Fund (SOF) with $132 million, above the target amount of $100 million.

GEF and MAVA to invest in 'nature-based' infrastructure

The Global Environment Facility (GEF) has approved a $2 million grant for a nature-based infrastructure venture in partnership with the MAVA Foundation, a Swiss conservation philanthropy.

TenneT to invest €4bn annually in European energy transition

Netherlands-based electricity provider TenneT is to invest at least €4 billion ($5 billion) a year to connect renewable energy sources and develop a 'borderless European electricity market'.

Scottish Widows invests £2bn in BlackRock climate transition fund

Asset management giant BlackRock has launched a Climate Transition World Equity Fund with a £2 billion ($2.6 billion) investment from British pensions and insurance provider Scottish Widows, a subsidiary of Lloyds Bank.

BNP Paribas issues green bonds linked to Australian climate index

French bank BNP Paribas has issued a series of equity-linked green bonds totalling

Public investment institutions commit to ESG, despite lack of reliable data

More than 90% of global public investors (GPIs), such as central banks, sovereign wealth funds and public pension funds, have specific environmental, social and governance (ESG) investment policies in place, or are in the process of developing them despite limited access to ESG data.

ESG fund assets pass $1trn milestone

Assets in sustainable funds have rebounded sharply following the market meltdown triggered by the Covid-19 pandemic, to hit a record high of $1.06 trillion, as of the end of June.

People Moves 31 July: HSBC; UNEP FI; Tribe

Allianz: Impact underwriting offers 'double dividend' for investors

German insurance giant Allianz has identified nine areas in which its underwriting activities can help meet the UN's Sustainable Development Goals.

BlueOrchard sees strong H1 despite Covid-19

Impact investment manager BlueOrchard has reported a strong first-half performance, despite the Covid-19 pandemic.