Timberland

As wildfires and extreme weather escalate, investors are under increasing pressure to allocate more capital to climate resilience and risk sidelining the longer-term goal of reducing emissions.

Foreign ownership of Australian agriculture has seen its first increase in two years as North American investors rapidly expand their holdings and the UK claims the top spot.

Australia’s Agriculture and Land Sector Plan outlines major opportunities in carbon, biodiversity and clean fuel, but investors lack the clarity that has driven capital into other sectors like renewable energy.

The Boston-headquartered firm has acquired four properties in the Murray Valley region of New South Wales from New Forests, including two projects registered under Australia’s Carbon Credit Unit Program.