Tikehau Capital aims for around 5 bln euros of assets dedicated to tackling climate change

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Lifeless fish is seen at dried-up creek mattress in a drought-affected space close to Chivilcoy, Argentina February 28, 2018. REUTERS/Martin Acosta

PARIS, Oct 4 (Reuters) – French funding firm Tikehau Capital mentioned on Monday it hoped to handle not less than 5 billion euros ($5.8 billion) value of belongings by 2025 that will be devoted solely to combating local weather change.

Tikehau added in an announcement that the plans would permit it to put money into firms and tasks aimed toward decarbonising the worldwide financial system, as firms all over the world step up their presence in inexperienced vitality tasks.

($1 = 0.8621 euros)

Reporting by Sudip Kar-Gupta; Modifying by Kirsten Donovan


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