The fund aims to help close the SDG 14 funding gap in Asia by investing into early-stage and growth companies in sectors such as maritime decarbonisation and sustainable aquaculture.
Rance Timber manages 14,000 hectares of pine plantations of which more than 40% is made up of protected indigenous forests, grasslands, riparian zones and other vegetation types to improve biodiversity and water quality.
The recent investment sees the fund managed by the Swiss impact investor surpass $410m at fourth close with the aim of reaching a final close of $500m by year’s end.
Despite significant growth, the report’s authors call for greater transparency and more credible reporting, cautioning that without these safeguards gender bonds risk becoming little more than “vanity projects”.
A Cardano study has explored new ways to monitor biodiversity impact, and raises the prospect of using eco-acoustics to measure investee progress in achieving biodiversity goals.
The UK and Dutch governments, alongside IDB Invest, have contributed to the Responsible Commodities Facility, which will provide $60m in loans to soy farmers committed conserving their forest reserves in the Brazilian Cerrado.
Summa Equity has taken a majority stake in Schulz & Berger Luft- und Verfahrenstechnik, a company specialised in air systems technology mainly used in the waste management and recycling industry.
Ultromics raised the financing in a Series C funding round, led by Lightrock, L&G, and Allegis Capital, for the expansion of its AI-powered diagnostic echocardiogram technology, which was developed in partnership with the UK NHS and Mayo Clinic.
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