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The money will be invested into energy, industry, mobility and buildings to reduce carbon emissions
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Renewable energy, clean mobility, transport, forestry, sustainable agriculture and biodiversity businesses are set to benefit
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The fund will invest in the early stages of building new sites – reducing dependence on gas imports
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The loan will see agricultural businesses invest in renewables and energy efficiency
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The fund is estimated to prevent 9.7m tonnes of carbon emissions by 2050
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It is establishing a fund, with an initial $4m commitment, to support its mining partners’ efforts to move to renewable energy sources and reduce emissions at the mines
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The funding is for projects in the agriculture, food and forestry sectors
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The mandate will be one of the largest in Asia, encouraging green investment in the region
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The fund will generate carbon credits to drive its net zero ambitions for 2040
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The money will go towards carbon reduction measures instead of offsetting and buying ‘green gas’
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This number drops to 0.2% when Scope 3 emissions or supply chains are considered
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A total of 21 organisations have already joined the Make My Money Matter initiative including Oxfam, WWF, Comic Relief, Triodos Bank, BNP Paribas, Ecotricity, and the Environment Agency Pension Fund, one of the UK’s largest local government pension schemes
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