Net Zero Asset Owner Alliance calls for blended finance vehicles to invest in climate solutions

Vehicles in the range of $300m-$500m

The UN-convened Net Zero Asset Owner Alliance has called on the asset management industry to collaborate on the development of blended finance vehicles, in at attempt to "drastically ramp up" investment in climate solutions.

Alliance members will work with "a number of select asset managers" to identify priority investment segments to help finance the transition to a net zero economy, utilising blended finance to de-risk investments in climate solutions, which currently do not have the appropriate risk-return profile to attract institutional capital. Fund managers with $9trn in assets make net zero carbon pledge These vehicles will allow financiers and donors to offer a small amount of resources as a "first loss" to rally larger amounts of private capital. This partnership is open to members and non-me...