Biodiversity

The firm has now invested $100m in the US grasslands carbon project developer, which has enrolled more than 650,000 acres in its program.

The Bunya Orchards acquisition clears the way for New Forests’ agriculture-focused subsidiary New Agriculture to pursue acquisitions for its debut fund once fundraising is complete.

While the Australian government accelerates its buyback of water for environmental purposes, a review of the Murray-Darling Basin Plan shifts the gaze onto adjacent areas primed for investment.

While investors are buying into the long term prospects, there are still concerns over GP track records and liquidity, according to research from pensions networking company Mallowstreet.

Asset-level credits, nature-linked private debt and regulatory markets are all gaining traction – together they reveal a nascent market still searching for scale.

Backed by cornerstone commitments from a UK local government pension scheme and an Australian superfund, Gresham House’s strategy pitches timberland as a mature asset class within natural capital.

CEO Aleksandra Holmlund explains why improving biodiversity in working forests is a plausible path to scale, despite the negative impacts on harvesting income and carbon capture.

The asset class is primed to have a big year as EU regulation forces importers of carbon intensive materials like steel to pay a levy on embedded emissions, making sustainable products like wood more competitive, says Foresight Natural Capital’s Richard Kelly.

Limited partners include AMB Holdings, Builders Vision, Cisco Foundation, Stray Works and Australian impact investing firms Understorey Ventures and Wedgetail.

England appeared to have built Europe’s most credible biodiversity market by hard-wiring demand into law – that’s no longer the case.