Al Gore’s Just Climate fund raises $175M from Microsoft and CalSTRS for nature-based climate investments

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When it comes to climate-related investments, the lion’s share has gone to companies working in energy and transportation. Most investors overlook actual lions — that is, nature-based solutions like biodiversity tend to get short shrift in the investment world. Just $35 billion was invested in nature-based solutions in 2022, compared with $1.46 trillion for the rest of the climate finance sector.

To address the shortfall, Just Climate has raised $175 million from Microsoft’s Climate Innovation Fund and CalSTRS.

Just Climate is an…



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Al Gore’s Just Climate fund raises $175M from Microsoft and CalSTRS for nature-based climate investments


When it comes to climate-related investments, the lion’s share has gone to companies working in energy and transportation. Most investors overlook actual lions — that is, nature-based solutions like biodiversity tend to get short shrift in the investment world. Just $35 billion was invested in nature-based solutions in 2022, compared with $1.46 trillion for the rest of the climate finance sector.

To address the shortfall, Just Climate has raised $175 million from Microsoft’s Climate Innovation Fund and CalSTRS.

Just Climate is an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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