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2021-12-20 22:39
08:25 AM EST, 12/20/2021 (MT Newswires) -- CIBC (CM.TO) on Monday announced a new $100 million commitment in Limited Partnership investments focused on climate tech and energy transition funds.
CIBC, which lost 2.2% at last look in US pre-market trading, said the amount is in addition to its $450 million for funds focused on the venture capital and growth equity sectors.
"With new and intensifying environmental challenges, we believe our bank has an important role to play in supporting the acceleration of climate action through innovation across North America," the company said.