UK bank funds Greensphere’s venture into nature, climate research

On Wednesday, Greensphere Capital announced that it had secured backing from the UK Infrastructure Bank (UKIB) for its first fund, which aims to commercialize nature and climate research conducted by leading bioscience and environmental science institutes in Britain.

This initiative seeks to enhance the government’s environmental standing, particularly amidst a scaling back of other ecological objectives. It follows an agreement at a UN summit in 2022, which committed significant funds toward nature conservation efforts.