The investment vehicle headed by Al Gore has closed a new $683m fund to invest in early-stage environmental companies and has mounted a robust defence of green investing.
The Climate Solutions Fund will be one of the biggest in the growing market for investment funds with an environmental slant.
The fund will be focused on equity investments in small companies in four sectors: renewable energy; energy efficiency technologies; energy from biofuels and biomass; and the carbon trading markets.
The Financial Times: Gore investment body closes $683m fund
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