Where climate strategy
meets capital.
Carbon Balance is an independent climate finance advisory that helps institutions structure, launch, and deploy capital into the climate and energy transition. Built on decades of experience across climate and sustainability finance — and a deep network spanning finance, government, and philanthropy.
The world's carbon equation
is out of balance.
Carbon emissions continue to outpace the world's capacity to absorb and adapt to them. The capital and technologies to reverse this exist — but they are not being deployed at the speed or scale required.
Carbon Balance works with institutions to close that gap, providing independent advisory that turns climate ambition into investable action.
Practical expertise across climate finance and sustainability.
Strategy
Helping institutions design and build their climate and sustainability capabilities — whether establishing a new department, developing an investment thesis, or positioning an organisation for the transition.
Investment Structuring & Product Design
Designing and launching climate and sustainability investment vehicles across asset classes — including private equity, private credit, and hedge funds — from fund concept and financial structuring through to first close and product governance.
Capital Mobilisation
Strategic advisory on fundraising and capital mobilisation — from developing the investor narrative and targeting strategy through to LP engagement and catalytic commitments.
Carbon Markets & Policy
Advisory on carbon market design, transaction structuring, and the evolving policy landscape — from Article 6 and CORSIA to voluntary markets and emerging nature credits.
Philanthropy & Impact
Advising foundations, family offices, and mission-driven institutions on climate and sustainability strategy, grant design, and deploying capital for impact — from catalytic philanthropy to impact-first investment.
Research & Convenings
Producing research and analysis on climate finance markets, and designing and facilitating expert convenings that bring together investors, policymakers, and practitioners.
Board & Investment Committee
Drawing on experience across multiple boards and investment committees, advising on governance design, IC process, and fiduciary oversight for climate-focused funds and mission-driven organisations. Also available for direct board and IC roles.
Lorenzo Bernasconi
Lorenzo is a climate and sustainable finance expert with over 20 years of experience across investment banking, asset management, and philanthropy. At Lombard Odier Investment Managers, he served as head of climate and environmental solutions, where he built a carbon investment platform and spearheaded the firm's expansion into private markets. He co-managed the Rockefeller Foundation's Zero Gap Fund, directly mobilising over $1B in private capital, and was founding board chair of the LEAF Coalition, the largest public-private initiative for tropical forest protection, with over $1.5B in commitments. He previously worked at BCG, UBS Investment Bank, and Dalberg.
He sits on the board and investment committee of the Independent Social Research Foundation and on the board of Spring Bank, the country's highest-ranked B Corp bank. His clients span private banks, asset managers, multilateral development banks, family offices, foundations, and corporates globally.
Lorenzo holds a PhD from Cambridge and a BSc from the London School of Economics. He was a research fellow at Stanford and Columbia's Earth Institute. He is fluent in English, Spanish, and French.
Let's talk.
Whether you're structuring a new fund, navigating carbon markets, or seeking independent climate finance expertise — get in touch.