Forestry

The fund aims to help the Japanese paper-products manufacturer to achieve its 2030 environmental goals of growing their sustainable forestry assets and reducing carbon emissions.

The investment for its newly launched nature and social outcomes strategy takes L&G’s total commitment to the sector to over $1bn.

The Mirova Sustainable Land Fund 2 has received funding from a variety of public, private, and philanthropic investors with additional commitments from FMO and Proparco expected shortly.

New Forests has raised A$600m at final close for the Australia New Zealand Landscapes and Forestry Fund, with commitments from institutional investors from across Europe and Asia-Pacific.

Plus, New Forests makes first forestry investment in the US South | Pymwymic backs Norwegian agri-tech startup transforming precision agriculture.

At the Impact Investor conference, industry experts focused on the opportunities, challenges, and considerations when it comes to integrating biodiversity and natural capital into investment portfolios.

The Article 9 fund has been created in partnership with natural capital specialist IWC, majority owned by BNP Paribas Asset Management, and has raised $130m at first close.

OroraTech has raised €25m for its wildfire predictive AI technology, and for its global expansion plans. Extreme wildfire events are an increasing challenge, more than doubling globally from 2003 to 2023.

The fund aims to provide investors with access to a range of carbon removal projects, at a time when governments are waking up to the scale of work required to meet the goals of the Paris Agreement.

Funded by the Ikea Foundation, the two organisations will work together on a catalytic pilot investment in the Mount Kenya landscape.