Goldman Sachs Asset Management has launched a new biodiversity bond fund.

The Goldman Sachs Biodiversity Bond fund will invest in investment-grade corporate bonds globally. It is classified as Article 9 under SFDR.

The fund will invest in labelled bonds with the proceeds being invested in biodiversity projects  and unlabelled bonds issued by companies with revenues supporting biodiversity conservation and remediation.

Bram Bos, global head of green, social and impact bonds at Goldman Sachs Asset Management, said, “In recent years, there has been a growing focus amongst investors to consider not just pure climate targets but also maintaining and improving biodiversity. This fund seeks to provide fixed income investors with exposure to issuers that are having a positive impact on biodiversity. The wide spectrum of the fund’s investment universe enables us to identify promising opportunities for investors.”

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