Just Climate
Just Climate LLP is a climate-led investment business established in 2021 by Generation Investment Management, focused on scaling transformational solutions in the highest-emitting and hardest-to-abate sectors of the global economy. The firm operates two strategies: Climate Assets Fund I (USD 1.5 billion, closed June 2023), targeting industrial decarbonisation across energy, mobility, industry and buildings; and a Natural Climate Solutions strategy (USD 375 million, 2024), focused on land use, food systems and nature-based solutions. Authorised and regulated by the Financial Conduct Authority under firm reference number 1024382. Registered in England and Wales as a limited liability partnership under Companies House number OC437296.
Key facts
Recent exits
No exits recorded yet.
Coverage notes
2 funds tracked, 9 portfolio companies (9 active · 0 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Just Climate has raised, with its portfolio companies. Hand-checked from public filings.
Natural Climate Solutions StrategyImpact2024 · 2yr€345M4 active
Unrealized
4 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| AgroStar | AgTech | India | 2025 |
| GreenLight Biosciences | AgTech | United States | 2025 |
| NatureMetrics | ClimateTech | UK | 2025 |
| Tropic | AgTech | UK | 2026 |
Climate Assets Fund IDecarbonisation2021 · 5yr€1.4B5 active
Unrealized
5 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| ABB E-mobility | Mobility | Switzerland | 2023 |
| Afresh | AgTech | United States | 2026 |
| H2 Green Steel | Industrials | Sweden | 2023 |
| Meva Energy | Energy | Sweden | 2022 |
| Zanskar | Energy | United States | 2026 |
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About Just Climate
Just Climate is a leading global climate-tech investor with approximately $1.5 billion of inaugural Climate Assets Fund I closed mid-2024 plus the Natural Climate Solutions strategy ($375 million) and Latin America strategy via 2025 Good Karma Partners acquisition (bringing total to ~$1.9 billion by end 2025), headquartered in London with a Brazil office in São Paulo opened 2025. The firm was founded in 2021 as a spin-out of Generation Investment Management LLP with Generation chairman Al Gore chairing the Climate Impact Advisory Group.
Investment thesis
Just Climate deploys capital through three active strategies (Climate Assets Fund I, Natural Climate Solutions and Latin America), targeting concentrated growth equity and project finance into transformational climate solutions for hard-to-abate sectors, complemented by Natural Climate Solutions and Latin America strategies. Sector focus spans industrial decarbonisation (green steel, low-carbon cement), clean energy and geothermal, sustainable food systems and agritech, circularity, natural climate solutions (biodiversity, regenerative agri) and green hydrogen. Geographic deployment is global mandate spanning Europe, North America and Latin America.
Recent activity
As a long-hold strategy with 2022-2023 fund vintage, realised exits have not been disclosed publicly. Recent acquisitions include biodiversity monitoring (NatureMetrics, 2025), bio-solutions and agritech (GreenLight Biosciences, 2025), agritech distribution (AgroStar India, 2025), geothermal (Zanskar, 2026), food-waste AI (Afresh, 2026), gene-edited crops (Tropic Biosciences, 2026) and the acquisition of Good Karma Partners (LatAm climatetech investor, 2025). The platform continues active deployment across the climate impact franchise. Detailed buyer names and multiple data available on Pro at €29/month.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
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