One of the country's biggest investment funds, ACC, has launched a $100 million Climate Change Impact Fund.
ACC's first investments for the fund are in Lodestone Energy's solar farms, and Leaft Foods' plant protein initiatives.
The corporation says it selected companies that not only reduce emissions, but also provide commercial returns. That will meet its main focus of financially supporting people who've suffered injuries or are rehabilitating.
It is the biggest investor in New Zealand bonds, and one of the largest in the New Zealand equity market, with an investment fund worth $45 billion. Kathryn speaks to James Muir, ACC's Climate Change Impact Fund Manager.
Concept of one of Lodestone Energy's planned solar power stations Photo:
