biodiversity

If scaled, nature-based solutions have the potential to account for 37% of necessary climate mitigation goals. Carbon offset trading holds the key.

The firm received a £50 million commitment from the UK Infrastructure Bank, according to a statement.

Climate Fund for Nature has a target of €350m and has received commitments from several corporates.

Asset manager Gresham House has launched a $380m fund that will create habitat banks that generate biodiversity net gain units, which will be sold to real estate developers.

The biodiversity strategy is the first of three sector-specific funds the firm is introducing alongside its diversified sustainable infrastructure strategy, according to sustainable infrastructure managing director Peter Bachmann.

While biodiversity is important, overstretched ESG teams at private equity firms need to be allowed to focus on portfolio-level decarbonisation work.

The Nature Conservancy’s Michael Wironen says the pair contemplate ‘there will be an interest and need in attracting capital’ as the regenerative ag and habitat conservation partnership develops.

While Alcentra does not have the same rights as equity investors, the credit manager still finds ways to encourage portfolio companies to improve their ESG disclosures, according to head of ESG Vai Patel.

The real estate manager will this year work to 'more systematically assess risk and opportunities connected with nature', says Helen Gurfel, head of sustainability and innovation.

Among other initiatives this year, Permira is working with external academics to take a portfolio-wide approach to biodiversity risks, says Adinah Shackleton.