The investment manager highlights the need for capital investment to establish sustainable timber plantations and wood processing industries in order to meet growing demand.
The two institutions plan to pool resources to establish a fund platform and advocate in support of themes including regenerative agriculture, sustainable forestry and nature restoration.
The new fund is said to be one of the biggest and most diverse institutional capital pools ever assembled for investment in the South American country.
Asset manager MEAG, part of the Munich Re Group, is targeting a total size of up to €645m with its Sustainable Forestry Equity Fund, focusing on investments in US, New Zealand and Australia.
If Tony Dalwood wasn’t running Gresham House, he may have become a sports coach. He told Impact Investor how a career in rugby helped him build a multi-billion business, and why investing in sustainability is a safe bet.
The impact investor’s new sustainable forestry and agriculture blended finance fund builds on experience gained with an earlier land use fund, which has just made its final investments.
The UK-based not-for-profit has called for faster action, after finding that three-quarters of financial institutions did not have a public policy on deforestation in place, despite pledging action on net zero.
Can coffee made of lupine, chickpea and blackcurrant beans taste as good as the real thing? Dutch company Northern Wonder is working with agricultural researchers to make sure the end product resembles real coffee.
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