PE Firms Unite to Fight Climate Change
Five global private equity firms have come together to launch the One Planet Private Equity Funds (OPPEF) initiative-
The formal announcement of the initiative was made during a meeting with President Emmanuel Macron. The French leader met 33 chief executive officers from the world’s largest institutional investors, who manage an aggregate $30tn in assets.
The founding members of OPPEF include Ardian, Carlyle, Global Infrastructure Partners Macquarie Infrastructure and Real Assets (MIRA) and SoftBank Investment Advisers.
The initiative aims to accelerate the fight against climate change and meet the goals of the Paris Agreement.