To address the shortfall, Just Climate has raised $175 million from Microsoft’s Climate Innovation Fund and CalSTRS. Just Climate is an offshoot of Al Gore’s Generation Investment Management.

Microsoft on Thursday announced it will create a $1 billion "climate innovation fund" focused on advancing carbon-reducing technologies, as part of the company’s expanded effort to battle ...

CalSTRS and Microsoft’s Climate Innovation Fund have anchored a new strategy from Just Climate, the investment business created by former U.S. Vice President Al Gore's Generation Investment ...