Just Climate, an offshoot of Al Gore’s Generation Investment Management, has raised $175 million from Microsoft’s Climate Innovation Fund and CalSTRS. The fund aims to enhance investments in nature-based climate solutions, which have historically received less attention compared to energy and transportation sectors. This new initiative will focus on projects like reforestation and biological fertilizers to combat greenhouse gas emissions and restore biodiversity. Just Climate's first investment was in NatureMetrics, a company that surveys environmental DNA to assess biodiversity.