There was compelling evidence climate change was real. Within our 5-year investment horizon, we reasoned that the economic costs and opportunities would manifest in the capital markets. We also believed, contrary to the market’s perception, that the market’s re-pricing of carbon risk would not happen gradually over decades.
Redwood Grove’s Impact Report, Impact Resistant Windows and a New Logo
In this quarter’s investor letter, we discuss the impact of climate change on windows, introduce our 2023 Climate Impact Report.
2023 Climate Impact Report
Climate research and analysis has been an integral part of Redwood Grove Capital’s (RGC) investment process since its inception in 2016.
Anti-ESG investing and the Economics of Climate Change
This year Environmental, Social and Governance (“ESG”) and climate investing came into the white-hot glare of the political spotlight.