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By Reuters Staff
2 Min Read
FILE PHOTO: The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri/File Photo
(Reuters) - BlackRock Inc, the world’s biggest asset manager, said on Thursday it has raised over $250 million for its climate finance fund to invest in select countries in Asia, Latin America, and Africa.
BlackRock’s Climate Finance Partnership (CFP) will focus on investing in areas like renewable power generation, energy storage solutions, electrified transportation services and is targeting to raise at least $500 million, the company said.
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