The Paris-based asset manager said funding from private and corporate investors in nature-based solutions was accelerating, as they recognised the importance of decarbonising activities beyond their own value chains.
The strategy managed by the company’s New Agriculture division aims to consolidate natural vegetation, agriculture, and forestry together as operational assets.
A report from the Amsterdam-based firm shows 122 impact funds launched in 2024, bringing the total number of launches since 2015 to almost 3,000 funds.
The alternatives investments specialist said the fund has invested in nine private equity funds and that it plans to launch a successor climate technology fund later in the year.
The fund supports social enterprises and charities struggling for finance in a difficult economic climate, while also facing increased demand for their services.
The report evaluated 37 impact funds managing $326bn in combined assets, and found that 97% of funds do not regularly check the quality of their impact data.