ISIF to commit €65m to Al Gore-founded climate fund

ISIF, along with Microsoft's Climate Innovation Fund and Harvard Management Company has become a founding investor of Just Climate’s inaugural Climate Assets Fund I.

A Staten Island ferry passes by Lower Manhattan shrouded in smoke from Canada wildfires in New York, US, on Wednesday, June 7, 2023. The US Northeast, including New York City, will continue to breathe in choking smoke from fires across eastern Canada for the next few days, raising health alarms across impacted areas. Photographer: Victor J. Blue/Bloomberg

The Ireland Strategic Investment Fund has committed €65m to Just Climate, an investment company backed by former US Vice President, Al Gore.

Aiming to address the net zero challenge at scale, ISIF, along with the Microsoft Climate Innovation Fund and Harvard Management Company has become founding investors of Just Climate’s inaugural Climate Assets Fund I.