Curated News
By: NewsRamp Editorial Staff
March 05, 2025
Calvert Impact Closes $100M Cut Carbon Note® Issuance with Major Investments
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GithubTLDR
- Investors gain advantage through Calvert Impact's Cut Carbon Note, a $100 million product financing sustainability upgrades for buildings.
- Calvert Impact's Cut Carbon Note funds energy efficiency upgrades for buildings beyond standard requirements, resulting in significant carbon savings and water conservation.
- Calvert Impact's Cut Carbon Note program makes a positive impact by promoting renewable energy upgrades that benefit the environment and communities.
- Calvert Impact's Cut Carbon Note program doubles its portfolio to $100 million, showcasing rapid growth and innovation in sustainable investments.
Impact - Why it Matters
This news matters as it showcases the success of sustainable finance initiatives, highlighting impactful projects that go beyond standard requirements. The Cut Carbon Note program not only benefits investors but also contributes to significant carbon savings and energy cost reductions. Individuals and institutions can participate in driving positive environmental change through accessible investment opportunities.
Summary
Calvert Impact closes third issuance of Cut Carbon Note® with significant investments from insurance company, pension funds, and advisory firm, totaling over $100 million. Sixty percent of projects exceed C-PACE requirements, saving 206,000 metric tonnes of carbon and $69 million in energy costs. Cut Carbon Note program accessible to individuals and institutions starting at $1,000, expected to grow to $400 million.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Calvert Impact Closes $100M Cut Carbon Note® Issuance with Major Investments
