Climate
US climate policy just became much more certain
On 4 July 2025, US President Trump signed the sprawling ‘One Big Beautiful Bill’ (OBBB) into law. Among many things, the law amended the Biden-era Inflation Reduction Act (IRA) incentives and credits for clean energy and decarbonisation spending. So what’s the impact? Much more certainty: Most importantly, the uncertainty that plagued the sector since the…
Read MoreMunro decarbonisation fund tops ESG performance
Managed funds topped the ESG category in Rainmaker Information’s latest leagues table, with Munro Partners’ decarbonisation-focused fund outperforming its peers. In the May 2025 Wholesale Managed Funds Report, the Munro Climate Change Leaders Fund, with $73 million in assets under management (AUM), achieved 25.8% p.a. for a three-year period. In the 12 months to May,…
Read MoreClimate change as a structural investment theme
Policymakers, corporate leaders, and investors are increasingly aligned in recognising climate change as a defining issue of our time. It’s not just policy support that is mobilising massive investments in clean technologies, it’s also corporate net-zero targets – and often simple economic realities – that are accelerating demand for climate change solutions. This makes a…
Read MoreInvestment case for EVs taken over by sustainability, infrastructure
The ‘golden child’ of clean energy investment, electric vehicles (EVs), could be bumped from the top as supply increases and more attractive opportunities emerge from companies contributing to energy efficiency and sustainable waste management, according to Munro Partners. Portfolio manager, James Tsinidis, said this trend suggests that “not all clean energy investments are created equal”…
Read MoreInvesting in Climate: A Defining Theme for the Next Generation
For investors, few themes have ever matched the scale and urgency of climate change. Over the past two decades, the rapid rise of the internet transformed global markets, creating trillion-dollar industries and reshaping economies. Today, we stand at the beginning of an arguably larger structural shift – the transition to a net-zero economy. Decarbonisation is…
Read MoreWhat does it mean for Munro’s climate strategy, now that Trump has withdrawn the US from the Paris Agreement?
Since his inauguration earlier this week, US President Trump has announced (as he did in 2017 when he was last President) that the US will withdraw from the 2015 Paris Agreement on climate change, as well as signing executive orders winding back support for wind-powered energy and electric vehicles. While these actions are clearly negative…
Read MoreMunro Climate Series: The line from AI to Clean Energy
AI ————————— Clean Energy I’ve drawn a line. The line follows the rise of AI to increasing demand for clean energy. The launch of Chat GPT in late 2022 ignited rapid AI competition. Running data centres that are required to train and use AI, requires a lot of energy. In fact, Mark Zuckerberg, whose company…
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