Al Gore’s Just Climate fund raises $175M from Microsoft and CalSTRS for nature-based climate investments

When it comes to climate-related investments, the lion’s share has gone to companies working in energy and transportation. Most investors overlook actual lions — that is, nature-based solutions like biodiversity tend to get short shrift in the investment world. Just $35 billion was invested in nature-based solutions in 2022, compared with $1.46 trillion for the rest of the climate finance sector.

To address the shortfall, Just Climate has raised $175 million from Microsoft’s Climate Innovation Fund and CalSTRS.

Just Climate is an…