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The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees.
The Government Pension Fund of Norway is composed of two entirely separate sovereign wealth funds owned by the government of Norway.
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. TPG became a public company in January 2022, trading on the NASDAQ under the ticker symbol “TPG”.
Bridgepoint Group plc is a British private investment company listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Clean technology, also called cleantech or climatetech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. Clean technology includes a broad range of technology related to recycling, renewable energy, information technology, green transportation, electric motors, green chemistry, lighting, grey water, and more. Environmental finance is a method by which new clean technology projects can obtain financing through the generation of carbon credits. A project that is developed with concern for climate change mitigation is also known as a carbon project.
The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide are increasingly paying greater attention to this emerging industry. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion. The wind power, solar power and hydroelectric power industries provide good examples of this.
Norfund is a development finance institution established by the Norwegian Storting (parliament) in 1997 and owned by the Norwegian Ministry of Foreign Affairs. The fund receives its investment capital from the state budget, and surpluses in the portfolio are reinvested. Its head office is located in Oslo with local offices in Thailand, Costa Rica, Kenya, South Africa, Bangkok and Ghana.
Renewable energy in developing countries is an increasingly used alternative to fossil fuel energy, as these countries scale up their energy supplies and address energy poverty. Renewable energy technology was once seen as unaffordable for developing countries. However, since 2015, investment in non-hydro renewable energy has been higher in developing countries than in developed countries, and comprised 54% of global renewable energy investment in 2019. The International Energy Agency forecasts that renewable energy will provide the majority of energy supply growth through 2030 in Africa and Central and South America, and 42% of supply growth in China.
New Energy for America was a plan led by Barack Obama and Joe Biden beginning in 2008 to invest in renewable energy sources, reduce reliance on foreign oil, address global warming issues, and create jobs for Americans. The main objective of the New Energy for America plan was to implement clean energy sources in the United States to switch from nonrenewable resources to renewable resources. The plan led by the Obama Administration aimed to implement short-term solutions to provide immediate relief from pain at the pump, and mid- to- long-term solutions to provide a New Energy for America plan. The goals of the clean energy plan hoped to: invest in renewable technologies that will boost domestic manufacturing and increase homegrown energy, invest in training for workers of clean technologies, strengthen the middle class, and help the economy.
Actis is a global investment firm focused on the private equity, energy, infrastructure, and real estate asset classes.
Riverstone Holdings is a multinational private equity firm based in New York City focused on leveraged buyout, growth capital, and credit investments in the energy industry and electrical power industry sectors. The firm focuses on oil and gas exploration, midstream pipelines, electricity generation, energy and power services, energy and power technology, and renewable energy infrastructure and technology. Riverstone has raised approximately $41 billion since the firm's inception in 2000.
A Green bond is a fixed-income financial instruments (bond) which is used to fund projects that have positive environmental and/or climate benefits. They follow the Green Bond Principles stated by the International Capital Market Association (ICMA), and the proceeds from the issuance of which are to be used for the pre-specified types of projects.
Climate finance is an umbrella term for financial resources such as loans, grants, or domestic budget allocations for climate change mitigation, adaptation or resiliency. Finance can come from private and public sources. It can be channeled by various intermediaries such as multilateral development banks or other development agencies. Those agencies are particularly important for the transfer of public resources from developed to developing countries in light of UN Climate Convention obligations that developed countries have.
The Clean Energy Finance Corporation (CEFC) is an Australian Government-owned green bank that invests in clean energy, to help achieve Australia's national goal of net zero emissions by 2050. The CEFC invests billions of dollars on behalf of the Australian Government in economy-wide decarbonisation opportunities. It aims to help transform the Australian energy grid, as well as supporting sustainable housing initiatives, and climate tech innovators.
Thomas H. Stoner Jr. is lead director and a co-founder, along with Nobel laureate David Schimel of the Jet Propulsion Lab (NASA) and other leading climate experts, of Entelligent, a global provider of Smart Climate indexes, predictive equity portfolio analytics and advanced data on climate risk and climate transition. He served as CEO of Entelligent from 2017 to October 2023. Prior to Entelligent, Stoner founded Project Butterfly, a research organization that advocates primarily for the global capital markets as a solution to climate change. The research produced by Project Butterfly led to the creation of Entelligent and ultimately yielded two climate risk patents issued by the USPTO. Stoner is also the author of the 2013 book, "Small Change, Big Gains: Reflections of an Energy Entrepreneur," which includes research about transforming the global energy supply to be more reliant on sustainable fuel sources by the end of the century. Stoner has been a promoter of sustainable development for over 30 years, having built, financed and owned and operated renewable energy projects throughout the Americas. He has led three companies in the clean technology space, including one of the original cleantech venture funds backed by international development banks, including the Multilateral Investment Fund, a division of the Inter-American Development Bank.
A green bank is a financial institution, typically public or quasi-public, that employs innovative financing techniques and market development tools in collaboration with the private sector to expedite the deployment of clean energy technologies. Green banks use public funds to leverage private investment in clean energy technologies that, despite their commercial viability, have struggled to establish a widespread presence in consumer markets. Green banks aim to reduce energy costs for ratepayers, stimulate private sector investment and economic activity, and expedite the transition to a low-carbon economy.
National Investment and Infrastructure Fund Limited (NIIFL) is an Indian public sector company which maintains infrastructure investments funds for international and Indian investors anchored by the Government of India. The objective behind creating this organisation was to catalyse capital into the country and support its growth needs across sectors of importance.
The Indonesia Investment Coordinating Board was until 2021 a Non-Ministerial Government Body in Indonesia for formulation of government policies in the field of investment, both domestically and abroad. Since 2021, it was elevated into a ministry, the Ministry of Investment.
CrossBoundary Energy Limited is an investment company that invests in renewable energy projects in Africa. It focuses on the supply of electricity to commercial and industrial consumers. The firm is a subsidiary of the CrossBoundary Group.
The Indonesia Endowment Fund for Education Agency is a public service agency of the Ministry of Finance of Indonesia mandated with managing the state's education endowment fund. Investment in the fund partially fulfills a clause in the Constitution of Indonesia stipulating that the government spend at least 20 percent of the state budget on education.
References
- 1 2 swfinstitute.org. "Government Investment Unit". swfinstitute.org.
- 1 2 Leonora Walet (10 February 2009). "Ant to raise $250 mln Indonesia clean tech fund". Reuters. Archived from the original on February 1, 2013.
- 1 2 Netty Ismail (26 January 2010). "Indonesia Plans $1 Billion Green Fund to Battle Climate Change". Bloomberg.
- ↑ hplaw.co.id. "GOVERNMENT INVESTMENT UNIT OF INDONESIA (PIP) AND PT PLN (PERSERO) HAVE SIGNED A USD 800 MIO SOFT LOAN". hplaw.co.id.