Generation Investment Management, an investment firm co-founded by Al Gore, has announced a new fund that will go to companies and teams that are driving a sustainable future. This will include companies that contribute to lower emissions, increase financial inclusion and create more accessible healthcare.

The $36 billion firm that was founded in 2004 by Al Gore and David Blood will focus $1.7 billion on investing in planetary health, people’s health, and financial inclusion.

Shunning fossil fuels is nothing new to Generation Investment. They have warned that the finance industry is running out of time to invest in sustainable energy and shift away from big greenhouse-gas emitters.

Gore has been a longtime climate activist, and the famous 2006 documentary “An Inconvenient Truth” follows his campaign to educate people about global warming.

Source: Movieclips Classic Trailers/Youtube

Generation’s $1.7 billion Sustainable Solutions Fund IV will be invested in growing companies that contribute to lower emissions, enable more accessible health care, support financial inclusion, and reduce inequality.

Lila Preston, Head of Growth Equity at Generation Investment Management, said: “We’ve been researching the changes needed for a sustainable future, and investing in pioneering companies driving that transition for over 15 years. Our systems-level view helps us identify industries, companies and entrepreneurs that can scale sustainable solutions globally. We believe this helps us to see value where others don’t, and add value where others can’t.”

It’s amazing to see these people with a platform taking on climate change and boosting up companies that are helping us towards a sustainable future, not moving us further away.

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