Dutch impact investor Polestar Capital hopes to grow fund to €400m within a year to plug a funding gap for high-potential eco-projects that will enable Netherlands to play a ‘pivotal role’ in the global transition towards a circular economy.
The poorest people in the world are the worst hit by the climate crisis. Amal-Lee Amin of the UK’s CDC Group tells us how development finance institutions must help get money to where it’s most needed to fight the biggest climate injustice that we face.
PLUS: Japan’s banks team up for impact; €32m to support African health entrepreneurs; John Lewis and Hubbub join forces for the circular economy, and more – all the deals you need to know about this month.
Impact investing and COP26: GSG’s Cliff Prior warns of “substantial disruption”, while Impact Investing Institute’s Sarah Gordon says “siloing” social and environmental is still a big issue. Plus, an update from the G7 Impact Taskforce.
Coutts, Triodos, Bridges Fund Management among those in new B Corp coalition calling on financial firms around the world to rewrite their constitutions to legally commit to a social and environmental purpose.
Larry Fink, CEO of world’s largest asset manager, says public and private sectors must join forces to ensure emerging economies aren’t left behind in shift to net zero – and suggests rushing decarbonisation would lead to dangerous polarisation.
Sustainable Thinking Scotland secures £190,000 loan to finance biochar technology as part of flexible repayment model – days after Scottish social ventures are criticised for a lack of commitment to net zero.