Brookfield Asset Management and Alterra Management Limited has launched its Catalytic Transition Fund (CTF) focused on directing capital into clean energy and transition assets in emerging economies.
With the need to cut emissions and accelerate the climate transition, the Brookfield-managed CTF will harness a $1 billion commitment by ALTÉRRA funds to catalyze up to $5 billion in total capital for deployment into emerging markets. Since announcing the launch of CTF in December 2023, Brookfield has been focused on developing the investment strategy, identifying a pipeline of potential investments and pre-marketing to potential investment partners.
Launched at COP28 in Dubai, ALTÉRRA is the world’s largest private-investment vehicle for climate finance. It responds to the call for more ambitious funding models for the climate transition, particularly in developing countries, and to the need to accelerate and scale climate action. ALTÉRRA is committed to deploying $3
