Climate

The funds will be used on a project to build semi-permanent canal blocks through the peat swamp forest that will raise the water table and restore degraded land, New Forests said.

The firm has been working with Environment Bank for two years to develop its strategy in anticipation of biodiversity net-gain credits coming into effect.

The firm’s Regenerate European Sustainable Agriculture Fund received a €150m commitment from M&G Investment’s Catalyst strategy in 2023.

Manulife Investment Management’s agreement with the Indonesia Investment Authority will focus on real estate investments initially, to support the country’s logistics sector.

The firm’s Fund II received a €20m commitment from the European Investment Fund.

Annual fundraising for 2023 has slotted into the 8.2bn five-year average as 2022 emerges as the market’s major slump-year since 2018.

Bregal Sphere, the recently launched impact arm of Bregal Investments, wants to be at the 'tip of the spear' in showing what high-quality carbon credits look like, says the new co-head of its nature-based solutions strategy.

The firm raised $945m across its secondaries and carbon strategies in 2023.

The non-profit asset manager was launched by three partners to invest exclusively in the US state of Maine.

Following protests over ag-related environmental policies in Australia, Spain, France and the Netherlands in recent years, German farmers came onto the streets this month in a reminder of how quickly political decisions can raise the ire of farmers.