• Gustavo Bernal Torres

Al Gore Launches Climate Change Asset Manager

New group has the backing of Microsoft, Ireland’s sovereign wealth fund and foundation linked to Ikea.


  • Al Gore, the former US vice-president, and David Blood, the former head of Goldman Sachs Asset Management, have set up a new asset manager that they say will turn the traditional investment model “on its head” by prioritising tackling climate change over short-term financial returns.

  • Just Climate, which launches on Wednesday with a mandate to invest in solutions that will help to limit global temperature rises to 1.5C since pre-industrial times, has the backing of Microsoft, Ireland’s sovereign wealth fund and a foundation linked to flat-pack retailer Ikea.


Source: https://www.ft.com/content/c109225a-4702-4164-90be-3b3c2886a508

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