Mirova has announced the launch of their new Sustainable Land Fund 2.

The fund is the firm’s second fund dedicated to sustainable land management. Mirova says the new fund will support agroforestry, sustainable forestry, and regenerative agriculture projects in developing countries, while preserving and restoring nature and the climate. It will also aim to support the transition and decarbonisation of agricultural and forestry value chains with a positive impact in terms of climate change adaptation and mitigation, biodiversity preservation and social inclusion, particularly for women in emerging countries.

The fund will be structured as a blended finance vehicle, combining public and private capital.

Anne-Laurence Rocuher, Deputy CEO, Head of Private Equity and Natural Capital, says, “Building on the success of the LDN fund, which is reaching the end of its roll-out, we are proud to announce plans to launch our second-generation fund dedicated to sustainable land management. MSLF2 will be offered to public bodies and institutional investors keen to combine long-term financial performance with the transition of agricultural and forestry value chains. It fits perfectly with Mirova’s strategic objective to grow its investments in private assets, and in particular natural capital, through our dedicated platform.”

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