The CREO Family Office Syndicate (CREO), a not-for-profit global network of family offices headquartered in New York City, and Caisse de dépôt et placement du Québec (CDPQ), a leading long-term institutional investor, today announced a new partnership to foster more capital into climate investments by creating new opportunities, sharing expertise and exercising stronger climate leadership within the industry.
While the vast majority of capacity deployed to date has been at utility scale and for large commercial and industrial (C&I) customers, a significant opportunity remains for additional investment to scale smaller, distributed systems.
Water is a finite natural resource unlike any other. It is required for life itself and sustains almost every natural and industrial process on the planet. Increasing volatility in water quality and quantity present evolving risks for the planet and for humanity. Addressing the local and global challenges that reduced water dependability and declining water quality pose will require trillions of dollars of new investment. Private capital must play a role in developing, implementing, and scaling solutions to water problems. The universe of available water investments is still nascent, creating opportunities for early movers motivated to create impact. Families, along with their family offices and foundations, are uniquely positioned as catalysts and leaders in the water investments market. Families can deploy solutions-oriented, patient capital across asset classes to deliver impact alongside financial return. This primer maps water investment opportunities and provides several inspiring examples of how families are actively investing to address local and global water challenges.
The Impact Terms Project was created to offer practical guidance to investors, entrepreneurs and other financial professionals seeking to generate measurable social and environmental impact while achieving financial returns. View the beta version of their site.
Over the past three years, clean-tech funding has been in the doldrums. In 2014, investors poured $2 billion into clean tech, but that number dropped to $1.2 billion last year, according to a report by PricewaterhouseCoopers and the National Venture Capital Association. But this trend just might be starting to change.
It's a radical idea. However, several significant questions remain: Exactly where and how will this capital be invested? How will the carbon reductions be achieved and measured?
Rob Day wants to invest hundreds of millions of dollars in clean technology on behalf of a wealthy family without relying on Silicon Valley.
That’s why his firm co-founded Cleantech Syndicate in 2010, a network of like-minded family offices, to find deals and share ideas. It’s expanded to a dozen families who’ve invested about $1.2 billion. That’s not enough for Day and the syndicate, who want to spend an additional $1.4 billion in the next five years on alternative energy.
A growing number of the world’s wealthiest people, From both ends of the political spectrum, are banding together to bet on new technologies that could displace fossil fuels. The one thing they have in common? They believe it will make them a lot of money.
Environmentalists are claiming their seats at the impact investing table.
Nearly a dozen wealthy families are announcing today that they have committed to invest a combined $300 million over five years in commercial ventures in the areas of climate, energy, health, food and sustainability.
NEW YORK, September 10, 2014 – Eleven members of the CREO Network, established in 2011 by a group of family office peers and co-convened by Jason Scott of EKO and Martin Whittaker of JUST Capital, announced today that they will commit a combined $300 million in new impact investments over the next five years.