It’s all about the fees

Don’t let the framing of benevolence and conscience fool you about such initiatives.

Early stage funds equal “high-risk” and often suggest a minimum 10 year participation.

This also means a long life of fees generated.

Let’s check back in 2032 – 2035 and see how the returns stack up.

https://www.bloomberg.com/news/articles/2021-04-12/blackrock-and-temasek-are-raising-billions-to-invest-in-carbon-cutting-startups?sref=qLOW1ygh