OGCI Climate Investments (now rebranded as Climate Investment) is an investment firm founded by the Oil and Gas Climate Initiative (OGCI), a coalition of major energy companies. It functions as a venture capital firm, investing in companies and technologies that aim to reduce greenhouse gas emissions within the energy, industrial, and transportation sectors. OGCI Climate Investments targets solutions like carbon capture, utilization, and storage, methane emission reduction and low-carbon fuels. The firm's major partners include OGCI member companies such as Saudi Aramco, BP, Chevron, CNPC, Eni, Equinor, ExxonMobil and others.
All verified mentions of this organization in source documents.
GHGSat closed a Series B funding round in 2021 that increased its total fundraising to $70,000,000 and received $45,000,000 from investors including Investissement Québec, OGCI Climate Investments, and Space Capital.