NZ Super fund invests US$100m in climate fund

Mon, 19 Dec 2022

The NZ Super Fund (NZSF) is committing US$100 million (NZ$157m) to a fund that invests in an innovation fund for climate change mitigation and adaptation.The Guardians of NZ Superannuation (GNZS) said the Climate Innovation Fund I (CIF) is managed by Wellington Management and invests in series B and C financing rounds, predominantly across North America and Europe.Target sectors include energy transformation, sustainable buildings and cities, transportation and mobility, industrial and enterprise efficiency, and food and agriculture.Research-le...

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