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At the COP28 climate conference, the European Investment Fund (EIF), Europe’s largest venture capital and private equity financier, announced new investments totalling €200 million to enable four private equity funds to back €2 billion of climate action and environmental sustainability investments. This investment will help to reach the European Union’s climate and energy targets and promote regenerative agriculture.
The new financing contributes to the European Green Deal, the roadmap for Europe to become the first climate-neutral continent by 2050, and REPowerEU, the plan to rapidly reduce dependence on Russian fossil fuels and fast forward the green transition. The EIF contributions also mobilise resources from institutional investors entrusted to the EIF under the...
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