The concept of "sustainable infrastructure" is often associated with wind farms and solar parks, but there's a growing number of investors looking beyond those two areas to other areas of the energy transition, the Guardian reports.
"In terms of generating measurable positive impact with our renewables investments, we focus primarily on decarbonization, channelling capital into clean energy projects," says a fund manager for the renewables impact fund Klima.
"But, he adds, "investors need to ensure to integrate social and other sustainability considerationsand elevate them to a potential veto status."
One example: Blackrock's $10 billion climate infrastructure platform has invested in more than 400 wind, solar, battery-storage, transmission, and electric-vehicle infrastructure projects.
"Similarly, a social impact lens to infrastructure investing helps us to think more strategically across the project lifecycle," says the managing director of Gresham House, which manages the British Sustainable Infrastructure Fund.
"We believe that addressing some of today’s biggest challenges, since societal and environmental challenges are inextricably linked," he adds.
"Likewise, equal access to core services such as education and care, for example, are enablers for improved economic and sustainability outcomes."
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