Brookfield announced that it has reached the final institutional close for the Brookfield Global Transition Fund (BGTF) with total capital raised of US$15 billion.
The BGTF is dedicated to facilitating the global transition to a net-zero carbon economy. The fund focuses on investments related to reducing greenhouse gas emissions and energy consumption, as well as increasing low-carbon energy capacity and sustainability.
Currently, BGTF has invested approximately US$2.5 billion in a range of decarbonization technologies.