Designing and Launching a U.S.-China Green Fund
Our Objective
A seminal issue in the fight against climate change is how to fund the technology and initiatives needed to transition to a green economy. As the world’s two largest carbon emitters, the U.S. and China are the most critical markets for innovation in this sector. In China alone, it is estimated that it will cost US$26 trillion to transition to a green economy, of which the government can likely only fund 15 percent. Private sector financing is essential to the development and advancement of climate change mitigation and adaptation efforts.
Our Approach
Our team brought together experts from the U.S. and China to develop a model for the U.S.-China Green Fund, a market-based private equity investment fund aimed at supporting climate solutions and China’s first national-level green fund. Together with additional experts and fund managers from across the U.S. and China, our team designed the fundraising campaign, the fund launch, and supported management of the Green Fund. To further enable the Fund’s success, we helped create an internal “think tank” to assess opportunities and provide expert counsel on the green transition.
Our Impact
The U.S.-China Green Fund has become a leading bilateral platform for strategic innovation in finance and green technology, among other sectors. It has been profitable since its inception, inspiring the exploration of new bilateral Green Funds in other markets around the world.
