Market sentiment reflects stronger P/E multiples as investors price in federal funding programs across the US and EU for decarbonization efforts. Impact investing targets both profit as well as social and/or environmental outcomes. The strategy typically uses a framework that standardizes impact measurement for investments. Major guidelines use the United Nations’ 17 Sustainable Development Goals as a roadmap to deploy capital. Get all latest content delivered to your email a few times a month. Climate investing allocations into biotech carbon capture firms jumped 42% in Q1