Just Climate, a specialist investment business focused on scaling solutions for the highest-emitting lagging sectors of the economy, has received $175 million from the California State Teachers’ Retirement System (CalSTRS) and Microsoft to accelerate investment in natural climate solutions.
CalSTRS was Just Climate’s anchor institutional investor, and Microsoft’s Climate Innovation Fund was its corporate anchor. Through its investments, the strategy aims to help transform land use to achieve global net-zero and nature positive goals.
Currently, the way land is managed accounts for roughly one-third of global greenhouse-gas emissions and is the primary driver of biodiversity loss. Just Climate said transforming the way agricultural commodities are produced and restoring degraded landscapes creates a unique set of scalable investment opportunities, such as biological fertilizers and pesticides to replace chemicals, development models to finance and operate restorat
