The investment, underpinned by backing from West Yorkshire Pension Fund, will help Oyster Heaven provide environmental benefits by restoring lost oyster habitats.
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 cooperation between both organisations targets nature-based solution companies within the value chains of globally traded commodities in Indonesia including coffee, cacao and coconut.
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.
The Dutch venture capital fund, which focuses on climate change, biodiversity loss and natural resource depletion, is backed by a range of institutional and European investors.
The fund will invest in startups working to support the regeneration of ocean biodiversity and has secured backing from the European Investment Fund and a range of institutional investors.