Australia's Carbon Growth Partners to Raise $200M for Carbon Growth Fund No.2

Australia-based Carbon Growth Partners (CGP), a specialist carbon market investor, has reopened its Carbon Growth Fund No.2, with the goal of raising $200 million by mid-2024, including an initial $20 million before June 2023. The fund focuses on a diversified portfolio of carbon credits and offset projects, aiming for a 20 percent annual return. CGP's first fund, the Carbon Growth Opportunities Fund, has outperformed major asset classes, generating a 17 percent return since its inception. Through its investments, CGP has successfully reduced or removed 37 million tonnes of greenhouse gases, contributing to fifteen out of the seventeen United Nations Sustainable Development Goals.

Summary: Carbon Growth Partners, based in Australia, is seeking to raise $200 million through the reopening of its Carbon Growth Fund No.2, targeting investments in carbon credits and offset projects. With a strong track record and a commitment to sustainability, CGP has made significant contributions to reducing greenhouse gas emissions and advancing sustainable development goals.