‘Climate change is already happening’: investment funds adapt to warming world

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Financial Times 13h ago

‘Climate change is already happening’: investment funds adapt to warming world - Financial Times

Quick Summary:

Nearly all climate-themed funds focus on investments aimed at reducing emissions.

Gawa has secured almost half of the €300mn it aims to raise for the fund, which is underpinned by €37mn in first-loss capital from the Green Climate Fund and the European Commission.

Mazarine is seeking to raise $25mn to invest in early-stage companies building digital technology that addresses climate change-related water risk.