Snehal Shah

Just Climate sold an undisclosed ownership stake to the California pension fund earlier this year.

The government also created the Powering Australia Technology Fund, which has the capacity to make venture, growth equity and fund investments and provide development capital.

Peter Cashion, managing investment director for sustainable investments, will present the plan, which includes another $53bn for climate solutions investments, 10 more sustainability staff, scenarios analyses and options for divestment.

The Gates Foundation’s climate venture fund raised $1.25bn for its second vintage in 2021 and $1bn for its first vintage in 2019 from billionaires including Jeff Bezos, Michael Bloomberg, Richard Branson and George Soros.

A number of US investors have programs aimed at backing underrepresented groups.

Meketa presented climate scenario risks, allocations shifted towards sustainable private markets and a color-coded climate classification was adopted.

SWEN’s Blue Ocean Fund is one of at least four funds that have collectively raised more than $400m to preserve ocean health.

Altamar CAM's first impact fund will be a successor to the firm's 2019 first life sciences vehicle.

Carbon Equity, "the Moonfare alternative for impact investing," is seeing growing demand from affluent individuals who want access to climate venture capital funds.

Peter Cashion will lead CalPERS’ stewardship and net zero implementation and ‘develop new investment strategies’.