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But what will it take to achieve net zero in an industry that has one of the highest carbonfootprints? . In July 2022, the LA-based venture capital firm Fifth Wall — which specializes in real estate technology — announced that it has raised $500 million for a climate fund to help decarbonize the property industry. .
Financials: The company announced the close of a $400 million Series C funding round in April 2022, bringing its valuation to more than $1 billion. As of 2022, it had raised over $608 million in funding, according to TechCrunch. Financials: According to The Denver Post , approximately $100 million in 2022.
For example, in 2022 a high street bank had its advertising campaign pulled for promoting its tree-planting scheme and net-zero plan without acknowledging that it is financing fossil fuel projects. Changes don’t have to be massive to have an impact.
Larry Fink As one of the most influential figures in global finance, the BlackRock CEO has become known for his stance on sustainable investing and corporate social responsibility. He launched The Rocket Foundation to honor his nephew and fellow Migos member Takeoff, who was fatally shot in 2022.
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