natural capital

Carbon credit generation presents a new asset class – one that the private funds industry is intent on scaling.

The Access Pool has £300m to invest across global timberland core and global timberland impact strategies.

Additionality, permanence and co-benefits are the things to consider when evaluating a carbon offset fund, according to a Bfinance white paper.

New Forests' Australia New Zealand Landscapes and Forestry Fund has reached a first close on 'approximately A$450m'.

A growing interest in climate and biodiversity is affecting managers’ approach to timberland investing.

Mirova Sustainable Land Fund 2 will invest in agriculture and forestry projects with objectives of climate change adaptation, mitigation and biodiversity preservation.

The profitability of such carbon projects 'is tied to future expectations of carbon prices. And most forecasts are pretty bullish about those,' says Eric Cooperstrom, managing director for impact investing and natural climate solutions at Manulife.

Kristen Weldon previously held senior positions at BlackRock, Blackstone and Partners Capital.

The Forest Growth and Sustainability fund will generate returns by timberland sales as well as carbon credit generation.

The local authority pension scheme asset manager has launched several ESG and responsible investment public and private market vehicles in the last three years.