Turquoise International appointed to manage new fund

As a specialist merchant bank focusing on energy, environment and efficiency, we are thrilled to be appointed as fund manager for Low Carbon Innovation Fund 2 (LCIF2). Following our success of the first Low Carbon Innovation Fund, LCIF2 will invest venture capital alongside private sector investors in a range of businesses delivering low carbon technologies.…

The law of unintended consequences

Churchill is quoted as once saying: “I am preparing my impromptu remarks”. It seems that decisions about long-term green investments are sometimes made without such forethought, delivering some unintended results. For example, when the US decided to support mass production of bioethanol it was not long before scientists started raising the alarm. Apparently, unlike tropical…