He has already raised US$100 million through his own Leonardo DiCaprio Foundation, set up in 1998, which provides funding to environmental projects such as species conservation and climate change.

However, a recent Intergovernmental Panel on Climate Change (IPCC) report indicated that the increase of private capital efforts towards the environment is key to preventing future environmental catastrophe.

Similarly, there is an understanding that future solutions will be technologically focused making investment in this sector increasingly important.

“I am proud to support Princeville Capital as an adviser to [its] Climate Technology Fund,” DiCaprio said.

“Tackling climate change requires an urgent, broad-based shift in our energy use – and technology and private sector investments will play a critical role in securing a healthier future for our planet.

“The vision of the Princeville Capital team, and the goals of the fund are part of this effort and I look forward to working closely with them."

DiCaprio addressed environmental concerns when giving his Oscar-winning speech for his role in The Revenant and also participated in a major climate march in New York in 2014.

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