M&G’s impact investing unit responsAbility Investments announced that it has raised $461 million in commitments at the final close of its Asia Climate Fund, aimed at deploying capital into companies positioned to benefit from Asia’s energy transition, infrastructure build-out and demand for more efficient, resilient business models. According to responsAbility, the final closing establishes the fund as the firm’s largest…
Carbon capture startup Mantel announced that it has raised $18 million, including strategic investments from Constellation Technology Ventures (CTV) and Azimut Investments, with proceeds aimed at supporting the commercial deployment of its solution to help decarbonize heavy industry. Founded in 2022 by Cameron Halliday, Danielle Rapson and Sean Robertson as a spin out from MIT’s Department of Chemical Engineering, Cambridge,…
The Government of Australia’s Treasury department announced the launch of a consultation on a series of new proposed “efficiency-enhancing” measures within its sustainability reporting framework aimed at reducing compliance costs for companies required to provide climate-related financial disclosures, and easing the information request burden for businesses, particularly SMEs, in their value chains. Proposed reforms in the consultation include measures to…
The World Bank announced that it has raised $4 billion through the issuance of a new 7-year benchmark Sustainable Development Bond. World Bank Sustainable Development Bonds support the financing of a combination of green and social projects, programs, and activities in member countries. Investments support the World Bank Group mission to end extreme poverty and boost shared prosperity on a…
Early-stage cleantech investment firm WovenEarth Ventures announced that it has raised $155 million at the final close of WovenEarth Fund II, aimed at delivering strategic exposure to early-stage cleantech companies with outsized return potential in energy, industry, and resilience. Founded in 2022, Palo Alto, California-based WovenEarth provides diversified exposure to early-stage cleantech companies through fund investments and direct co-investments. The…
Early-stage venture capital investor Redstone announced that it has raised €25 million (USD$29 million) at the first close of launch its ocean-focused blue economy fund, Redstone Blue. Launched in 2025, Redstone’s blue economy fund invests in early stage companies, from pre-seed through Series A, transforming ocean industries through innovation that supports more sustainable growth across maritime sectors. The strategy targets…