An oil company foundation has launched a climate investment fund, and investors are backing pioneering startups - but this isn’t enough to fight climate change: are institutional investors ready to join the race?
PLUS: Covid-19 announcements you may have missed; ADB Ventures tech fund raises first $50m; EU invests €1m in Oneplanetcrowd platform; grants for UK energy innovators; and more from the world of investing for good.
Bite-sized stories selected from your social enterprise and impact investing news releases. This week: new declarations of a climate emergency, Big Issue goes contactless, Social Investment Scotland reveals annual figures, and more.
PLUS: Acumen spinout 60 Decibels raises $1.7m, G20 leaders back more innovative financing to fund SDGs, Encourage Capital raises US$40m to bring clean energy financing solutions to Indian entrepreneurs, and more.
PLUS: SASC invests in sexual health charity Brook, Big Issue Invest announces £400k social impact bond, Acumen closes $70m energy fund for east Africa, Fair by Design backs challenger credit bureau Credit Kudos, and more.