Investcorp adds climate investment platform

Investcorp has announced the launch of its new Climate Solutions Investment Platform.

The platform is designed to identify opportunities for private capital investment in companies that support decarbonization and the impacts of climate change. It is supported by Mumtalakat, the Kingdom of Bahrain’s sovereign wealth fund, and other Bahrain-based institutions. Investcorp says the platform aims to accelerate the global transition to a zero-carbon economy with a focus on carbon management, buildings, transportation, and food & agriculture.

Mohammed Alardhi, Executive Chairman of Investcorp says, “Addressing climate change is a global challenge, and the private sector has a clear role to play in financing the decarbonization journey. Beyond the long-term positive impact on the environment, we believe there are real and concrete opportunities for investors to target strong returns through climate investment. Consistent with our history as a pioneer and innovator in the field of alternative investing, we have launched this platform because we recognized the potential for growth in this space and believe that we can continue to do well by doing good”.

“We are understandably proud to be launching our Climate Solutions Investment Platform on the eve of COP-28, at a critical point in time when world leaders, global and regional businesses, and the general public have come together to explore climate solutions. The UAE hosting this year’s COP indicates the readiness of the region to address these challenges head on, in what we are all hoping will be one of the most significant COPs since the Paris Agreement.”