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'We like the fact that the food sector tends to be a necessity, and stable,' says managing director Cristian Jitianu.

Taking into account emissions from transportation, post-harvest production, on-farm activity and inputs, the company says its rice will still be carbon neutral.

The firm has also raised €260m for its debut Food Ecosystem Fund, which it expects to close on €300m in Q3.

The Transforming Farming Platform now has a portfolio of more than 12,500ha acquired across eight separate transactions.

'We certainly think that there is an opportunity to have a natural capital platform around carbon and biodiversity,' New Forests managing director Radha Kuppalli said.

The non-profit’s joint report with the Accountability Framework initiative shows that only 2.8% of 675 surveyed companies target sourcing 100% no-deforestation commodities.

AAM’s flagship Diversified Agriculture Fund is seeking more capital to deploy into its northern Australia cattle assets and to expand its softwood timber businesses.

Efforts to route some Ukrainian agricultural exports through Romania’s port of Constanta could transform the country’s role in global ag markets.

Sale of Hume Forests follows the divestment of Green Triangle Forest Products to AXA IM Alts in one of the sector’s largest deals of 2021.

Across private markets different bodies and groups are striving to harmonize ESG data gathering and reporting: it is a worthy and devilishly difficult task.