How Leonardo DiCaprio is fighting climate change with finance

Image result for How Leonardo DiCaprio is fighting climate change with financeEditor’s note: The following article contains information only. It is not intended as general or personal advice. Your Money recommends seeking professional advice specific to your personal circumstances.


Oscar-winning actor and Hollywood heartthrob Leonardo DiCaprio has long been an environmental activist, but he’s now turning to the world of finance to help tackle his chosen cause.

Leonardo Di Caprio, a United Nations Messenger of Peace, speaks at the signing ceremony for the Paris Agreement on climate change, Friday, April 22, 2016 (AP Photo/Mark Lennihan)

DiCaprio has announced he will become a senior adviser to a new $150 million environmental unit at fund manager Princeville Capital that invests directly into tech companies fighting global warming.

Taking to Twitter, it appears he is willing to put his money where his mouth is, becoming an investor himself.

Press – Princeville Climate — Princeville Capital

Global investors in Climate Positive™ companies

princeville-capital.com

“What I like about Leo’s fund if you are predisposed to wanting to improve the climate or stop climate change, this is a fund that invests in companies that are trying to mitigate the effects of climate change,” The Motley Fool head of investment Scott Phillips told Your Money Live.

The major difference between DiCaprio’s fund and other ethical funds is rather than divesting from big polluters, his is actively investing in potential future solutions.

However, it’s important not to get caught up by celebrity when making financial decisions.

“It doesn’t mean it’s a bad investment, it just means you’ve got to be a little bit careful about it,” Phillips said.

For those who are looking to invest in companies working in a similar way, there aren’t a lot of options

“Most of these are very early stage companies and they may breakthrough or they may breakdown,” Phillips explained.

“If all you’re doing is buying shares from someone else in a company that isn’t going to make it, you’re only hurting yourself. Be a little bit careful.”

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