Mirova enters into negotiations with Althelia Ecosphere towards natural capital investment
The projected acquisition of Althelia Ecosphere (“Althelia”) by Mirova is intended to create a European platform dedicated to natural capital investing and give investors access to investment solutions addressing major global environmental challenges such as climate change, protection of landscapes, biodiversity, soil and marine resources. This would be a great addition to Mirova's existing project finance capabilities as well as the environmental, social, and supply chain experts already involved in the LDN Fund project.
Since 2015 and as part of its commitment to increase financing for the Sustainable Development Goals, Mirova has been working alongside the UN Convention to Combat Desertification (UNCCD) to launch the Land Degradation Neutrality Fund project, a public-private vehicle that intends to invest in profit-generating sustainable land management and restoration projects worldwide.
Read press release by Mirova/Natixis/Althelia Ecosphere