We invest where pain
is driving major spending,
SECTOR FOCUS
Hydroclimatic Risk Is Unevenly Distributed.
Our Portfolio Isn't
LINEAR ASSETS
Roads, rail, and pipelines face growing hydroclmatic risks, including floods, erosion, saltwater intrusion, sedimentation, freeze-thaw cycles, drought-induced soil shifts, groundwater changes, and wildfire-driven hydrological impacts.
COASTAL INFRASTRUCTURE
Ports, harbours, marinas, and coastal assets (constructed and natural) are increasingly at risk due to our changing climate, including; sea level rise, storm surges, saltwater intrusion, algal blooms, and erosion.
What about drinking water utilities and agriculture?
While public and private water/wastewater utilities face significant challenges in a changing climate, Mazarine Climate does not invest in companies who have a primary focus on this market. While there are some forward-thinking utilities, many remain bureaucratic and risk-averse, with slow procurement cycles that make it difficult to introduce new solutions. Strict regulations, budget constraints, and a preference for proven technologies further delay adoption, making this sector less suitable for Mazarine Climate’s focus.
Agriculture and aquaculture also face increasing hydroclimatic risks due to climate change, yet farmers and agribusinesses tend to be risk-averse, prioritizing proven methods over new technologies. While there are some forward-thinking farmers, tight profit margins and complex supply chains make adoption of innovative technologies slow, as agricultural customers are cautious about unproven solutions that could impact yields or financial stability.
About
Wait, so this isn't a 'water fund'?
No, we don't invest in the 'water industry'. While we respect the work being done in muni/ind water and wastewater, and we recognize the importance of 'clean water' our thesis takes us into the broad realm of "Hydroclimatic Risk", which puts Mazarine Climate more in SDG 13 (Climate Action), specifically on the Adaptation side, and operating in 4 priority industry sectors that are on the proverbial front lines of climate-change-induced 'water-related' headaches.
