Offered by the investment firm Closed Loop Partners, the Closed Loop Fund was established in 2014 to create economic value for cities by increasing recycling rates in communities across America and building circular supply chains. “Through project finance, the fund provides cities and companies with access to the necessary capital,” the homepage informs. “Closed Loop […]
In December last year, the European Commission proposed a Green Deal. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector as well as the private sector to finance the Green Deal. According to the European […]
In December last year, the Clean Energy Finance Corporation (CEFC) has welcomed the creation of the 100 million Australian Dollar fund. It “will encourage increased investment in clean energy technologies which support waste recycling, leading to lower landfill related emissions,” the press release said. Its creation “is reflected in the Australian Government Clean Energy Finance […]
In December last year, the European Commission and the European Investment Bank (EIB) have announced the completion of the public procurement process for the selection of an investment advisor to set up and manage the European Circular Bioeconomy Fund (ECBF). The selected investment advisor is ECBF Management GmbH, and Hauck & Aufhäuser Fund Services S.A. […]
At Bloomberg’s Global Business Forum in September last year, a new partnership was announced between the Climate Finance Leadership Initiative (CFLI) and the Association of European Development Finance Institutions (EDFI). The goal is to advance the public-private collaboration vital to closing the climate finance gap in emerging markets. “EDFI and the CFLI will engage their […]
In January this year, Lloyds Banking Group has announced its new ambition to accelerate working with customers, government and the market to help reduce the carbon emissions in the UK that are financed by more than 50 percent by 2030. According to the British financial services group, this is the estimated equivalent of removing the […]
In April last year, the American multinational investment bank Morgan Stanley informed, that a new report from the Morgan Stanley Institute for Sustainable Investing would highlight the groundswell of interest in the nascent field of integrating the changing plastics economy into investment decisions. “Both institutional and individual investors are beginning to recognize that they can […]
The European Commission has published its guidance on Shipments of Waste in the EU in the context of the Coronavirus crisis. The Commission recognises that companies dealing with waste are providing an essential service to society to protect health and the environment and to keep the circular economy moving. The Commission guides Member State Competent […]
Assets under management in dedicated environmental, social and governance (ESG) funds have tripled in the past decade to a little under one trillion US-Dollar, the investment management corporation BlackRock stated in its “Davos brief”, referring to estimates of the International Monetary Fund (IMF). “Yet we see a far bigger structural shift afoot – akin to […]
It was almost 30 years ago that a special fund to preserve the environment was founded. The Global Environment Facility (GEF) was established on the eve of the 1992 Rio Earth Summit. Through its strategic investments, the GEF works with partners to tackle the planet’s biggest environmental issues. The GEF is a partnership of 18 […]