Posted November 04, 2019 07:22:38As a climate-smart investor, I think investing in clean technologies can help me get a better return on my money than investing in fossil fuels.
The opportunity to invest at a discounted rate in green technology companies is one of the most exciting things about investing in climate-change mitigation.
I’m particularly excited by a fund I recently joined called Green Alliance Global Climate Action Fund (GAGCAF).
GAGCAFs mission is to help fund climate-based green innovation through investing in companies that are actively building the technologies needed to combat climate change.
To this end, I joined the fund on November 3, 2018 and have already invested more than $20,000 into the fund.
In the past, I’ve invested in a few other climate-related funds, but I’ve never invested in such a high-yield fund.
The fund also has an annual fee of 1.25% of my total portfolio value.
I can understand why this fund is so attractive to investors.
It has a lot of great green technologies that are being developed and the fund has invested in them at a very attractive rate of return.
GAGCCAF’s main focus is building companies that can be sold to large investors to accelerate the adoption of these technologies.
The company’s website has a good overview of the companies it invests in.
It also has detailed information about how the fund works.
The GAGCCC fund is based in the United States, but it’s an attractive option for anyone interested in investing in green energy technologies.
GAGCCF’s founder and managing director, Joe Raskin, told me that he and his co-founders started GAGACAF in 2015, but they had to re-launch it a few years later after the fund had experienced a series of unfortunate events.
GACAF was created in 2016 to support the creation of new, climate-focused green technologies.
“The idea was to create a new fund for companies that could not get funding from a large fund,” Raskins said.
“When we decided to start this fund, we knew we wanted to make sure we were doing something right.”
Raskinos co-founder and CEO, David P. McBride, told Business Insider that they started the fund because they were frustrated with the lack of investment in green startups.
“We were looking at investing in a lot less green-focused companies,” McBride said.
He and Raskino were particularly concerned about climate-friendly startups, since those companies typically don’t have much market penetration.
“I was very surprised to see that there was so little growth in green companies, and that we needed to create an investment fund that would provide investors with a diversified portfolio of green-tech startups that could grow quickly and that would be able to support them through this long period of time,” McBrides said.
They decided to create this fund because “there was so much money being invested in green tech startups that were really not taking advantage of what we were investing in,” McBrey said.
Raskinais co-chief operating officer, Michael A. Nock, also told Business Wire that the fund’s founders had to raise a lot more money than they expected.
“They got a lot right and a lot wrong in terms of how the money was being invested,” Nock said.
The new fund’s focus on green tech is another big selling point for investors.
Green tech companies have been on the rise, particularly since the release of The Martian movie.
According to the Climate Innovation Alliance, an organization that studies climate-conscious investments, the world is set to see an increase in investments in green-energy technology over the next few years.
“There is an expectation that these investments will generate new business opportunities,” Nix said.
Investors can expect that green tech companies will also see a spike in revenue.
“Green technology is a key driver of economic growth and economic growth in general,” said Christopher P. Dittmar, a climate analyst at the University of Minnesota’s Institute for Sustainable Development.
“These companies will be able take advantage of the lower cost of production, lower capital costs, and also the potential for growth.”
The fund’s initial investors will be a group of individuals who have a deep passion for green technology, and it’s important to note that the funds initial investments are all in cash.
“In addition to the upfront investment, we’ll be paying back our initial investors within three years,” Nocks said.
I expect that many of the investors will stay with the fund for many years to come, as it grows and grows.
“It’s a fund that I can invest in for years to go,” said Raskini.
“That’s something I’ve been waiting for.”
If you are interested in how the GAGC fund is set up, you can check out its website