A further £100m has been invested by the Greater Manchester Pension Fund (GMPF) into a strategy that has already helped create hundreds of jobs.
The largest fund in the Local Government Pension Scheme has backed Gresham House’s Sustainable Infrastructure (BSIF) strategy to help 'accelerate the deployment of profitable, new solutions to address key environmental and societal challenges in the North West, and support levelling up throughout the UK'.
GMPF hopes to benefit from investment in areas such as vertical farming, biodiversity net gain (BNG) credits and low-carbon biofuel production in the North West and beyond.