Lynnley Browning

Microsoft, BlackRock and a state-backed fund from the United Arab Emirates have set up a $30 billion private investment fund to invest in artificial intelligence (AI) and data centers, mostly in the US.

Institutional investors want to invest in climate solutions, but capital markets need to make it easier to do so.

Cerulean Ventures, a climate tech venture capital firm in Santa Barbara, Calif,, closed a $10 million pre-seed fund to work with founders in four startups focused on carbon removal, global renewable energy credits, sustainable supply chains and a global blockchain to protect endangered natural resources.

ImpactAlpha is on the ground at Climate Week NYC. Here's what's happening and what caught our eye:

It's not just global banks doubling down on carbon-emitting fuels.

Startups Scala Data Centers of Brazil and Spain’s Submer are building more clean energy data centers for artificial intelligence (AI).

Global electricity usage is suddenly going through the roof thanks to the proliferation of energy-gobbling data centers powering cloud computing and artificial intelligence (AI).

Amazon and Google inked new deals to secure power from US uclear reactors to fuel their data centers focused on artificial intelligence (AI)

The Biden administration's $27 billion Greenhouse Gas Reduction fund is tackling the daunting task of stoking demand across America for clean energy upgrades.

Next-generation heirs are increasingly vocal about wanting to align their legacy fortunes with their values, but tense intergenerational discussions are stymieing a substantial or whole-scale shift to impact investments by all but the largest family offices.