More than a hundred institutional investors worldwide have put up capital for what’s now the world’s largest private fund targeting investments aligned with achieving net-zero carbon.

Mark Carney, the United Nations special envoy for climate action and finance, has joined Brookfield Asset Management as vice chair and head of ESG and impact fund investing.

Brookfield Asset Management Inc. plans to invest US$5 billion to help struggling retailers due to the COVID-19 pandemic. Through its retail revitalization program, Brookfield and