The private markets firm has set new sustainability commitments alongside a strategy, led by Olivia Wassenaar, to invest in the ‘decarbonisation of industry’.
The North American firm is seeking $400 million for its successor vehicle to a strategy targeting ‘catalytic’ sustainable infrastructure investments.
Although far from final, the US president’s infrastructure plan has been criticised as being too broad in its definition of the sector on the one hand, and not offering ‘nearly enough’ on the other.
President Joe Biden’s stance on US energy policy differs significantly from that of his predecessor. But whether, and to what extent, that stance will shape the National Environmental Policy Act that is currently under review remains to be seen.