How Leonardo DiCaprio is fighting climate change with finance
Putting his money where his mouth is. Your Money, 18 Mar 2019, Jack Derwin Digital Journalist, Oscar-winning actor and Hollywood heartthrob Leonardo DiCaprio has long been an environmental activist, but he’s now turning to the world of finance to help tackle his chosen cause.
DiCaprio has announced he will become a senior adviser to a new $150 million environmental unit at fund manager Princeville Capital that invests directly into tech companies fighting global warming.
Taking to Twitter, it appears he is willing to put his money where his mouth is, becoming an investor himself.
“What I like about Leo’s fund if you are predisposed to wanting to improve the climate or stop climate change, this is a fund that invests in companies that are trying to mitigate the effects of climate change,” The Motley Fool head of investment Scott Phillips told Your Money Live.
The major difference between DiCaprio’s fund and other ethical funds is rather than divesting from big polluters, his is actively investing in potential future solutions…….. https://www.yourmoney.com.au/wealth/investment/leonardo-dicaprio-climate-change/
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