Climate and Capital 2026: Unlocking Strategic Value from LP Insights

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Private equity has crossed a critical threshold. Limited Partners (LPs) are raising the bar, expecting General Partners (GPs) to price climate risk at both valuation and exit planning to drive premium returns.

Our new report, Climate and Capital 2026: Unlocking Strategic Value from LP Insights, reveals a fundamental shift: institutional capital is no longer satisfied with mere disclosure. Today, LPs are not passive consumers of GP-generated ESG reports; they are active co-investors in GP capability.

We surveyed over 500 senior decision-makers at Limited Partners across North America, the UK and Europe, and the findings deliver a clear mandate: we are moving rapidly from a market questioning whether climate matters to one actively competing on how to price it.

While LPs are actively engaging on climate, our report findings expose a critical gap: climate risk has yet to translate into the financially rigorous, lifecycle-integrated underwriting required to actively drive and protect value creation.

Making the case for climate-driven value creation

In this report, get actionable insights about the shifting private equity landscape, including:

  • The changing relationship between institutional capital and climate – and what this means for GPs
  • The shift from LPs who are rapidly moving beyond compliance reporting to prioritize active value creation
  • Demands from LPs for clear evidence that climate risk is managed across the entire investment lifecycle
  • How top-performing GPs are responding to LP demands for pricing climate risk