Tikehau Capital says it plans to manage at least €5 billion dedicated to the fight against climate change by 2025.
Tikehau says they will invest in companies driving decarbonisation of the economy and will continue the firm’s financing of companies that actively support energy transition. The firm has already attracted more than €1.5 billion in capital commitments to combat climate change across multiple investment strategies including private equity, private debt and capital markets strategies.
Tikehau has also launched the Climate Action Centre, a platform focusing on financial innovation and decarbonisation, biodiversity, sustainable agriculture and food, the circular economy and sustainable consumption. The centre will comprise more than 30 investment professionals, ESG experts and senior advisors to deploy existing climate-focused investment strategies. It will be headed by Pierre Abadie in addition to his existing role as Co-head of Tikehau Capital’s T2 Energy Transition Private Equity fund.
Pierre Abadie, Group Climate Director of Tikehau Capital said: “The decarbonisation of our economy is essential in limiting global warming to below 1.5°C. With the launch of the Climate Action Centre, we want to accelerate our commitment towards combatting climate change across our investment strategies with the objective of contributing to halving CO2 emissions by 2030.”