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VC Giant Plans $200M Fund To Back Real Estate Tech That Fights Climate Change



The biggest venture capital firm in PropTech is planning a fund to back firms that are creating technology that will help the real estate sector reduce its carbon footprint. Fifth Wall said last week it is looking to raise $200M for its Carbon Impact Fund. It said the built environment is the single-largest contributor to global carbon emissions, and the sector needs to find a way to reduce its contribution.

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