New ways to invest in climate - April 2023

Welcome to Intention’s roundup of new ways to invest in climate! We know that it’s difficult to find climate-specific investments so we’re doing the legwork. Note that the following list isn’t comprehensive and that this definitely isn’t investment advice.

Hi friends — we see you lurking there… How are you investing in climate? Tell us in the comments section, or just say hi to your (digital) neighbors! 👇👇👇

📈 Private markets

🌲 Bonds / debt notes 🌲

• Solar for Us, Climate Impact Note ☀️ (5.5% interest): Development and management of low-income community solar project

• CGB Green Liberty Notes 6th Offer (4.5% interest): Zero-interest energy efficiency loans to small businesses

• BlocPower Energy Services 3 Note (6.5% interest, closing soon): Energy efficiency and renewable energy projects for residential and commercial buildings

🌲 Start-up investing 🌲

• HiveTracks 🐝 ($7.5 million valuation cap, closing soon): HiveTracks runs an app for beekeepers and develops data products to measure/monetize biodiversity

• Recompose ($76 million pre-money valuation): Carbon-sequestering green funeral solution

🌲 Accredited only or high minimum 🌲

• Carbon Equity Climate Tech Portfolio Fund II ($100K minimum)
  

📈 Public markets

🌲 New equities (stocks/ETFs/etc) 🌲

• U Power Ltd ⚡ (UCAR): EV market player primarily focused on its proprietary battery-swapping technology

• Xtrackers MSCI USA Climate Action Equity ETF (USCA): Seeks investment results that correspond to performance of the MSCI USA Climate Action Index

• iShares Breakthrough Environmental Solutions ETF (ETEC): Gain exposure to companies involved in breakthrough climate innovations and solutions

👇 see you in the comments section 👇