Mirova, the sustainable investment affiliate of Natixis Investment Managers, has announced the addition of three new catalytic investors to its flagship Sustainable Land Use strategy: the UK Department for Environment, Food and Rural Affairs, Global Affairs Canada, and The Coca-Cola Foundation. These new partners join a growing coalition of backers that includes Abeille Assurances, Allianz France, BNP Paribas Cardif, FMO, Proparco, and the SDG Impact Finance Initiative.
With these additions, total capital raised for the strategy’s second vintage now exceeds €100 million. Earlier this year, the Green Climate Fund approved a commitment of €75 million, which is expected to be finalized by the end of the year. The fundraising window remains open, with a target fund size of €350 million.
Mirova’s Sustainable Land Use strategy is designed to mobilize large-scale private investment into nature-based solutions by combining public and concessional capital to reduce risk and attract diverse investor participation. Its layered capital structure enables a wide range of stakeholders, from family offices to institutional investors, to engage in the natural capital space.
The strategy focuses on financing resilient, low-carbon agricultural and forestry projects, particularly in regions vulnerable to climate change and biodiversity loss. By directing capital toward sustainable land use, Mirova aims to strengthen food systems, supply chains, and ecosystem restoration efforts.
Gautier Queru, Managing Director for Natural Capital at Mirova, commented:
As we approach COP30 and mark the 10th anniversary of both the Paris Agreement and Mirova’s natural capital expertise, the momentum behind our sustainable land use strategy reflects a growing recognition: nature-based solutions must be central to climate and biodiversity action. We are proud to help shape a robust asset class that channels capital toward ecosystem restoration and resilient value chains, particularly in regions most exposed to climate risks.
Mirova’s continued success in attracting global partners and scaling its sustainable land use strategy highlights the increasing importance of natural capital investment in addressing the twin crises of climate change and biodiversity loss.
