According to the report, policymakers are searching for ways to make the architecture of investment funds more effective and coherent. The future of funds report reviews seven important multilateral climate funds and makes operational and architectural reform recommendations aimed at improving their performance in delivering low-emissions and climate-resilient development.

Infrastructure mega-funds — those funds raising $2 billion or more — have been responsible for the vast majority of the capital raised each year since 2012 — and this trend shows no signs of ending. In fact, it might even be accelerating.

Anbaric, a clean energy company based in Wakefield, Mass., and the C$168.2 billion ($124.4 billion) Ontario Teachers’ Pension Plan have formed a partnership to create a new development company, Anbaric Development Partners. The partnership will develop clean energy infrastructure projects in North America, accelerating the revitalization of aging transmission networks. The existing Anbaric management team will lead the new company.