Mirova, the Natixis Investment Managers affiliate dedicated to sustainable finance, is seeking to raise €350 million ($383 million) for its second strategy dedicated to sustainable land management from public bodies and institutional investors.
Mirova Sustainable Land Fund 2 (MSLF2) will support agroforestry, sustainable forestry and regenerative agriculture projects in developing countries, while preserving and restoring nature and the climate.
In particular, the fund will aim to support the transition and decarbonization of agricultural and forestry value chains, with a view to generate financial gains and positive impact in terms of climate change adaptation and mitigation, biodiversity preservation, and social inclusion, particularly for women in emerging countries.
MSLF2 fund will be structured as a blended finance vehicle, combining public and private capital. Mirova said the commitment of public funds aims to reduce risk and encourage investment from pr
