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In a strategic move to foster innovative climate solutions, QBE North America has launched the QBE Possibilities Fund.
This initiative is dedicated to supporting collaborative early-stage climate change projects that aim to contribute to a more resilient and sustainable future.
David Mulligan, Chief Operating Officer of QBE North America, emphasized the critical role of collaboration, partnership, and strategic capital allocation in addressing today’s climate change challenges.
QBE Possibilities Fund aims to support early-stage climate innovation by providing philanthropic capital through ImpactAssets, a US-based donor-advised fund and building partnerships for impact-first investing. That’s what I mean.
The primary mission of the QBE Possibilities Fund is to accelerate the development and deployment of climate solutions that have the potential to have a significant impact on future climate resilience and stability.
QBE will continue to work closely with funders, partners and innovative early-stage companies to provide expertise and resources to jointly address the challenges of climate change and strengthen global resilience. Masu.
Already making strategic investments, the QBE Possibilities Fund is partnering with Azolla Ventures, a mixed capital fund by Prime Coalition focused on climate impact solutions, and early-stage investments in regenerative technologies, particularly food and agriculture, materials and products. We have supported the fund ReGen Ventures. , and decarbonization.
Matthew Nordan, general partner at Azolla Ventures, emphasizes the critical role a company’s expertise and networks play in supporting early-stage ventures, and the impact they have on speed of development and long-term success. I emphasized.
Dan Fitzgerald, Managing Partner of ReGen Ventures, expressed his enthusiasm for the partnership with QBE North America and said that donations from the QBE Possibilities Fund are needed to improve lives within our communities and lead to a brighter tomorrow. He said he would encourage investment in capital and human resources.
The QBE Possibilities Fund is committed to responsible environmental stewardship by leveraging philanthropic funds to de-risk early stages and facilitate subsequent investments. This approach highlights her QBE’s dedication to supporting climate solutions and contributing to the growth phase of new climate technologies.
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