Lightrock to acquire a 10% stake in South Pole.

Lightrock, a global impact investor backed by LGT and the Princely House of Liechtenstein, agreed to acquire a 10% stake in South Pole, one of the world's largest companies fully focused on fighting climate change. Financial terms were not disclosed. "Climate change has finally become a public, political, regulatory, and corporate hot topic. Reflecting this, we have witnessed a strong growth in carbon markets, driven by growing corporate and consumer demand for climate neutral solutions," Pal Erik Sjatil, Lightrock CEO and Global Managing Partner.