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Climate Change Capital Carbon Funds
Luxembourg
Last updated 12 May 2020, by Impactyield.
Fund geography
Climate Change Capital manages the world's largest private sector carbon fund at €750m. The Carbon Finance team works with proven technology providers to develop carbon projects and build a substantial portfolio of emission reduction credits. The team focuses on the following sectors: coal mine methane; industrial energy efficiency (iron & steel, cement); destruction of industrial gases; renewable energy (wind, hydro, landfill gas); leaky gas pipes, forestry and agricultural waste. Geographies include, China, India, South East Asia, the Former Soviet Union, the US and South Korea.
Asset class
Fund status
Fund style
Not listed
Financial description
The Carbon Finance team's investment transaction types include equity and debt investment, upfront financing through carbon purchase agreements or pay-on-delivery carbon purchases. Many transactions operate under the Kyoto Protocol's Clean Development Mechanism (CDM) as the catalyst for investment in clean energy and emission reductions.
18 years
of track record
2006
the year funded
n.a.
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
Climate Change Capital
Headquarters location: United Kingdom
Other funds managed by this asset manager: Climate Change Capital Private Equity (CPE)
Key performance indicators
Fund overview
Asset manager: Climate Change Capital
Product track record: Fund has 18 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Risk-adjusted market-rate of return
Fund domicile: Luxembourg
Product status: Closed - no longer investing
Style/Stage:
Inception year: 2006
Vintage year: 2006
Target region: Global
Target close date: n.a.
Product term: 10
Assets under management: n.a.
Investment size: Min: 0; Max: 0; Avg: 0
Co-investment policy:
Currency of investments: USD (US Dollar)
Currency for fund / product figures: EUR (Euro)
Fund investments to date: 52
Fund investments to date exited or repaid: 0
Management fee: n.a.
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: APG Centrica Mn Services PGGM Standard Chartered Bank
Limited Partner / Investor Type: Development Finance Institution (DFI), Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.climatechangecapital.com/carbon-finance/carbon-finance-funds.aspx
Phone number: 442079395000.00
If you wish to have your details removed from this database please email gdpr@impactyield.com
Andrew Pearson
n.a.
Daniel Cremin
Marketing Communications Manager
Impact Performance
| KPI | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| Total # of clients served | 868 | 370 | 442 | 249 | 389 | 358 | 402 |
| Total # of people served | 612 | 258 | 798 | 712 | 876 | 264 | 661 |
| Total low income or poor clients served | 304 | 937 | 148 | 551 | 686 | 602 | 720 |
| Total # of enterprises reached | 941 | 683 | 358 | 718 | 324 | 636 | 755 |
| % of rural clients | 0.84% | 0.8% | 0.4% | 0.97% | 0.21% | 0.04% | 0.5% |
| % of female clients | 0.17% | 0.01% | 0.38% | 0.98% | 0.41% | 0.52% | 0.51% |
| Average loan size | 421 | 375 | 546 | 937 | 474 | 239 | 933 |
Impact thesis
The Carbon Finance team act as long term partners with (predominantly emerging market) host countries to ensure the financed projects meet the development needs and priorities of those countries. Making sure projects achieve the underlying technology transfer rational of the United Nation's Clean Development Mechanism, improving the health & safety standards of projects and generating income and training for a local workforce. To date, CCC's carbon funds have invested in 52 CDM projects and expect to save over 70 million tonnes of carbon pre 2013 in developing countries.
Impact Management
| Impact monitoring | 01/09/2019 | 01/12/2019 | 01/03/2020 |
| Metric tracking | Fund tracks IRIS compatible metrics, Fund uses other social and environmental performance metric system | Fund tracks IRIS compatible metrics, Fund uses other social and environmental performance metric system | Fund tracks IRIS compatible metrics, Fund uses other social and environmental performance metric system |
| Impact reporting frequency | Yearly | Quarterly | Quarterly |
| Impact certified | No | Yes | Yes |
| Certification | None | GIIRS 5 Star | GIIRS 5 Star |
| IRIS+ reporting | Yes | Yes | Yes |
| SDG Reporting | No | No | Yes |
Financial benchmark
Term Description:
Keywords