AXA IM Alts, a €186 billion AuM alternative investments firm, has announced two investments made by its Natural Capital and Impact Investments strategy. The firm’s strategy looks to drive reforestation and impact projects with these investments, which total €12 million (US$13 million). These investments are comprised of a committed US$2 million into nature technology firm Chloris Geospatial’s latest US$3.5 million fundraising round, as well as a €10million investment to finance a French afforestation and reforestation project. For the latter, through an alliance with forest conservation and sustainable land use projects developer and operator The Shared Wood Company, and French forestry cooperative Alliance Forêts Bois, AXA IM Alts will fund the first project that looks to restore up to 1,800 hectares of degraded forests through working with small landowners. The project is expected to sequester as much as 500,000 tonnes of CO2 equivalent over a 35-year period. Alexandre Martin-Min, Head of Natural Capital & Impact Investments at AXA IM Alts, said: “There is an urgent need to grow scalable investment solutions to protect and manage sustainable natural capital, which are relatively nascent in today’s market. Both investments contribute to our mission to invest into activity and solutions that ensure vulnerable or high value natural ecosystems are protected and sustainably managed.”
🆕 We are delighted to announce two investments into @ChlorisGeo and the @WoodShared’s French forestry project made by our Natural Capital & Impact Investments strategy.
Read the Press Release ▶ https://t.co/Jwff6j5bvA#ImpactInvesting #NaturalCapital #Biodiversity pic.twitter.com/dUJvfPHmyC
— AXA IM Alts (@AXAIMAlts) March 1, 2023