Forestry
The secondaries specialist’s timberland portfolio has grown to have 31,000 km2 footprint and removed 15.9 million tonnes of carbon from the atmosphere in 2023/24.
Forestry report cover
Agri Investor’s 2024 Forestry report is now available to download; Acre Impact Capital secures $25 million commitment from US DFC; Morgan Stanley IM closes $750 million climate fund; S2G Ventures report warns ‘enabling ecosystem’ is critical to global resource efficiency, and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.
The fund manager has now raised $125m against a $300m for Export Finance Fund I.
CRS issues RFP for timber and farmland funds
Cambridge Retirement System has issued an RFP through investment consultant Segal Marco Advisors for an open-end timber fund or a combined timber and farmland fund.
The vehicle has a long-term goal to remove one gigaton of carbon dioxide-equivalents from the atmosphere by 2050.
Forestry and farmland
The AFF20 reveals firms had to have raised at least $845m between 2019-23 to be among the top 20 capital raisers in food, forestry and natural capital.
Managing director John Morton linked plans for a 'landscape-scale regenerative agriculture play in Africa' to the future prospects of carbon markets at Climate Week in New York.
The AFF 20 reveals the biggest agri-food and forestry fund managers; BTG’s LatAm reforestation strategy takes a $55m commitment; Britain’s Crown Estate acquires a 2,552-acre rural asset; Mombak sells 50,000 carbon credits to Google; ING’s five lessons for adapting farming to climate change, and more. Here's your start-the-week brief for valued subscribers only from the Agri Investor editors.
The AFF 20 is Agri Investor’s inaugural ranking of the biggest fund managers by capital raised between January 2019 and December 2023.
Scaeva selenitica approaching a blossom from Garden Cranesbill - Geranium Nimbus
Biodiversity credit markets could follow a similar trajectory to carbon markets given a clear business case and the right policy frameworks, Pollination finds.
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