The energy transition-focused manager has closed its fourth fund on €670m, with the adaptation of agriculture to climate change part of its strategy.
Heavily invested legacy vintages might suffer more than funds in market, with the jury still out on whether this crisis will be sharp and short like the GFC, or sharp and longer-lasting running through various cycles.
Pollination will focus solely on energy transition through advisory services it will provide to governments and policy makers and its investment arm, which will seek to raise $4bn.
FPInnovations and Resolute Forest Products are launching a $17m venture that will produce bio-chemicals derived from wood, as part of an effort to renew the forest products industry.
The funds will be used to build enabling infrastructure, including 750 hectares of irrigation systems, in Cabinda Province, improving smallholders’ access to agricultural inputs and credit.