biodiversity

Investors are more focused on carbon sequestration, said Regenerate Asset Management chief executive Ben Stafford at a film screening in London.

The debut forestry fund surpassed its $200m target and will be deployed exclusively in Paraguay.

If scaled, nature-based solutions have the potential to account for 37% of necessary climate mitigation goals. Carbon offset trading holds the key.

The firm received a £50 million commitment from the UK Infrastructure Bank, according to a statement.

Climate Fund for Nature has a target of €350m and has received commitments from several corporates.

Asset manager Gresham House has launched a $380m fund that will create habitat banks that generate biodiversity net gain units, which will be sold to real estate developers.

The biodiversity strategy is the first of three sector-specific funds the firm is introducing alongside its diversified sustainable infrastructure strategy, according to sustainable infrastructure managing director Peter Bachmann.

While biodiversity is important, overstretched ESG teams at private equity firms need to be allowed to focus on portfolio-level decarbonisation work.

The Nature Conservancy’s Michael Wironen says the pair contemplate ‘there will be an interest and need in attracting capital’ as the regenerative ag and habitat conservation partnership develops.

While Alcentra does not have the same rights as equity investors, the credit manager still finds ways to encourage portfolio companies to improve their ESG disclosures, according to head of ESG Vai Patel.