Renewable Energy

The superannuation industry has called for reform of its performance tests at a roundtable seeking to improve the Australian economy.

President Chris Morris says the firm believes about a fifth of its 50,000-acre Mid-South row crop farmland portfolio has potential for some form of solar development.

The Australian Sustainable Finance Institute has launched a taxonomy to clarify what investment activities qualify for ‘green’ or ‘transition’ labels, but investors will still need to assess the true climate impact of their portfolios.

The strategy comes as New Forests sees a growing interest among institutional investors for natural capital investments.

The firm will invest almost $40m into the project, which will be deployed from its Climate Investor Two fund.

Natural capital strategies are gradually gaining visibility on more LPs’ radars as the urgency of this shift becomes clearer.

The local pension authority has rethought the management of its 21,000-acre farmland portfolio and has backed Campbell Global and Gresham House strategies to get closer to carbon offsets.

The €250m CV for biogas company Grupo Gestcompost is the largest transaction of its kind for Barcelona-headquartered Suma Capital.

British International Investment’s partnership with Pakistani bank HBL comes amid its broader push to invest £500m in climate finance by 2026.

Report shows Europe leads the US on impact investing and allocating to emerging markets.