Carbon

Telstra’s decision to stop purchasing carbon credits in favor of direct emissions reduction is commendable but it has implications for carbon markets and natural capital.

A detailed list of climate-focused venture capital funds raised from 1 January to 29 May, 2024.

The investment manager has created the new role to support its ambition of creating a global platform of natural capital strategies.

QIC has backed Pollination’s new venture capital fund, which is aiming for a final close in 2025.

The vehicle received a £50m commitment from the South Yorkshire Pensions Authority to hit the fundraising milestone.

TPG subsidiary Rubicon Carbon has a pre-existing partnership with project developer Imperative Global to market $500m of its carbon projects.

The firm has made early-stage investments in agricultural supply chain start-ups across Europe.

The chairman says forestry ‘could be the infrastructure of tomorrow’ and that Australia’s superfunds would do well to make their move sooner rather than later.

The pioneering impact investing firm has recruited a veteran investor from Just Climate to co-lead the strategy.

The firm manages a 306,000ha portfolio that is regeneratively managed and sequestered 100,000 tonnes of CO2 while emitting 30,400 tonnes.