Access to financing is required to facilitate innovation, adoption and scaling of solutions needed for the transition. Certain solutions for climate mitigation are in the early stages of technological or market maturity and are not yet suitable for bank financing. Investing in climate solutions, through fund and direct investments, allows RBC to support innovation and commercialization at earlier stages than through traditional lending arrangements alone.
In 2024, RBC set a goal to allocate $1 billion by 2030 to fund and direct investments that support the development and scaling of climate solutions.1 In 2025, RBC committed over $80 million in fund and direct investments, totaling $245+ million since 2022.2
“At RBC, we recognize that addressing climate challenges requires capital deployed beyond traditional lending. Our goal to invest $1 billion by 2030 enables us to support innovative funds and founders tackling climate challenges at scale. By investing in climate solutions, we're not only working to advance progress in areas where we believe we can make a meaningful impact, we're also harnessing valuable insights that can inform our thought leadership and can support a low-carbon and resilient economy.”
– Barrie Laver,
Managing Director, Head Venture Capital & Private Equity
Select fund commitments
Select direct investments
Our team
RBC Capital Partners (RBCP) is RBC’s corporate venture capital team and has a long history of investing balance sheet capital in venture capital and private equity to support the bank’s strategic and innovation goals. In addition to managing the $1 billion allocation to climate investments, RBCP also manages both direct and fund investment strategies that aim to accelerate growth and innovation across the enterprise.
Climate team
Barrie Laver (opens to another site)
Managing Director, Head of Venture Capital & Private Equity
Stephanie Tadros (opens to another site)
Director, Climate
Akshanta Ajay (opens to another site)
Associate Director, Climate
Julia Wall (opens to another site)
Associate Director, Climate
Jonah Harding (opens to another site)
Associate Director, Climate
Additional RBCP team members
Finance and operations
Amy Swaim (opens to another site)
Associate Director
Bessie Petroff (opens to another site)
Associate Director
Jeremy Gorman (opens to another site)
Finance Associate
Investment team
Julian Antony (opens to another site)
Senior Director
Climate solutions — technology, products, services or actions that help mitigate or adapt to the impacts of climate change. Solutions include those that support greenhouse gas (GHG) emissions reductions and/or the low-carbon transition, but also those that support outcomes linked to society’s resilience to the physical impacts of climate change (e.g., adaptation of infrastructure, nature and/or biodiversity gains).
Resilient or resilience — capacity to anticipate, cope with, recover from, or adapt to shock, disruption, stress or changing factors in the external environment. In the context of climate, this refers to the resilience of the economy to the effects of climate change.
Transition — refers to the economic, energy, technological, and societal transformation that is required to achieve the significant greenhouse gas (GHG) emissions reductions necessary for a low-carbon or net-zero world. This will impact all sectors, and is highly dependent on substantial GHG emissions reductions in high-emitting sectors.
The information in this webpage is provided for general information purposes only. The recipient is solely liable for any use of the information contained in this webpage, and neither RBC nor any of its affiliates nor any of their respective directors, officers, employees or agents shall be held responsible for any direct or indirect damages arising from the use of this document. This webpage contains forward-looking statements within the meaning of certain securities laws. Information contained in this webpage is or may be based on assumptions, estimates and judgements. For cautionary statements relating to the information in this webpage, refer to the Caution regarding forward-looking statements and the Important notice regarding this Report appendices in RBC’s 2025 Sustainability Report, available at our Sustainability Reporting site. Except as required by law, none of RBC or any of its affiliates undertake to update any information in this webpage.