Climate Change Capital creates world's largest private carbon fund
Climate Change Capital (CCC), a UK-based investment bank that focuses on clean energy and a low carbon economy, has created the world's largest private sector carbon fund.
CCC has already raised $830 million in three months, and expects the total to top $1 billion by the second close. Investors include ABP and PGGM, two of the world's top-five pension funds, plus the UK-based international energy group Centrica, and a global emerging markets banking group.
The money raised will be invested in
More on Carbon
Uncertainty causes rethink on clean energy investment
Waning enthusiasm for net-zero pledges, environmental policy shifts, funding cuts and US tariffs are causing clean energy investors to retreat
Emissions house of the year: Grey Epoch
Energy Risk Awards 2025: Carbon trader meets clients’ increasing needs through deep expertise and ability to warehouse risk
Environmental products house of the year: Marex
Energy Risk Awards 2025: Marex Environmental spans firm to give all clients access to green markets
Market-maker/liquidity provider of the year: OTC Flow
Energy Risk Awards 2025: Environmental trader and broker furthers liquidity provision with new presence on exchange
Commodity trade finance house of the year: Tramontana
Energy Risk Awards 2025: Investment firm creates unique carbon trade finance vehicles enabling long-term hedging while developing carbon market liquidity
Voluntary carbon markets house of the year: SCB Environmental Markets
Energy Risk Awards 2025: Environmental specialist amplifies its commitment to the VCM
Green knights? Banks step into struggling carbon credit markets
Clearer global standards and a new exchange may attract dealer entry, but supply and demand challenges remain
Achieving net zero with carbon offsets: best practices and what to avoid
A survey by Risk.net and ION Commodities found that firms are wary of using carbon offsets in their net-zero strategies. While this is understandable, given the reputational risk of many offset projects, it is likely to be extremely difficult and more…