Shagun Kumar, TMF Group’s Head of APAC, explains how special purpose vehicles can support private sector investment in Asia’s renewables sector. Asia is one of the world’s most dynamic environments for investment in renewable energy assets, underpinned by a perfect storm of needs: population growth, rising demand, supply pressures and abundant renewable resources. The Asia Pacific region is expected to…
Circularity in the Era of Overshoot
Scaling up the circular economy remains a significant challenge in the current geopolitical climate, says Dr Anthony Kirby, Head of Regulation and Risk for Asset Management and Capital Markets in Europe at EY. Plans for the roll-out of circular cities are gathering pace worldwide, whether based on the principles of economist Kate Raworth’s Doughnut economics (Amsterdam) or the concept of urbanist Carlos Moreno’s 15-minute…
Wellington Management Raises $385 Million for Climate Tech Venture Fund
Investment manager Wellington Management announce today the final close of the Wellington Climate Innovation Fund, raising $385 million in commitments for the firm’s inaugural climate solutions-focused venture fund. Wellington’s Climate Innovation Fund invests in private companies developing solutions to help mitigate and adapt to climate change, targeting primarily late-venture and early-growth companies developing tech-enabled solutions, in areas ranging from software,…
95% of Apple’s Supply Chain Commits to 100% Renewable Energy Use by 2030
Apple announced significant progress towards its goal to decarbonize its value chain, including revealing that more than 320 suppliers – representing 95% of the company’s direct manufacturing spend – have now committed to use 100% renewable energy for Apple production by 2030, up from around 250 suppliers last year. Emissions from the product manufacturing represents nearly two thirds of Apple’s…