AXA, Unilever, and Tikehau Capital have announced plans to launch a private equity impact fund dedicated to investing in projects and companies supporting agriculture transition.
The three partners aim to invest €100 million each with the fund having a target size of €1 billion. The fund will be managed by Tikehau Capital who will look to promote regenerative agriculture practices by focusing on three core areas:
- Protecting soil health to enhance biodiversity, preserve water resource and help fight climate change
- Contributing to the future supply of regenerative ingredients to meet the needs of a growing global population and consumer demand for increasingly sustainable products
- Helping to unlock technological solutions that aim to accelerate the transition to regenerative agriculture
AXA Climate will contribute through its climate, environmental and agricultural risks management, and in impact monitoring (particularly via satellite technology), supported by its knowledge of the agriculture sector.
Unilever says it ‘s Regenerative Agriculture Principles and global supply chain and local market experience will provide guidance for future projects.