Monaco Foundation doubles down on impact investing as others retreat: 'We need to act urgently'
23 mars 2026
13:53
Romain Ciarlet, vice chairman and CEO of the Prince Albert II of Monaco Foundation, has cautioned against sacrificing climate action for “artificial intelligence, defense, and geopolitics.”
The words come as the Foundation’s ReOcean Fund plans to make €20m in new impact investments this year.
“We cannot just avoid climate change, biodiversity loss, and pollution because they remain the number one challenge of our time and maybe the number one challenge for future generations," Ciarlet says.
The words come as the Foundation’s ReOcean Fund plans to make €20m in new impact investments this year.
“We cannot just avoid climate change, biodiversity loss, and pollution because they remain the number one challenge of our time and maybe the number one challenge for future generations," Ciarlet says.
The past year or two has seen a rapid retreat from sustainability goals – both in boardrooms and in the halls of politics.
It’s a shift that has been felt hard in impact investing circles. Many impact-focused VCs are struggling to raise money for their funds, and investment for climate tech startups plummeted to a five-year low in 2025.