A new key biodiversity platform for cross sectoral collaboration
For its inaugural launch, World Biodiversity Summit will help define what world leaders and the private sector in biodiversity and climate action need to do in the medium and long term to achieve sustainable development and hinder further biodiversity loss, focusing on partnerships and investment mechanisms as levers of progress. World Biodiversity Summit is a platform for responding to accelerating biodiversity loss, by using the Paris Agreement as a framework to learn from, promoting relevant solutions, innovations, and leadership networks, strengthening nature restoration and conservation. Nature-based solutions will be highlighted, from specificecosystems to global possibilities.
First year tracking of the Danish pension fund commitment towards USD50 billion in green investments by 2030
Insurance & Pension Denmark CEO, Ken Damsgaard reported that Danish pension funds have invested $8 billion in green projects since the 2019 Climate Action Summit in New York. This far exceeds earlier expectations and could lead to Danish pension funds reaching their $50 billion green investment target three years ahead of schedule.
UK Forestry: Carbon Sequestration - True North European Real Estate Partners
Investing in UK forestry alongside a new specialist manager representing a first mover advantage into a strategy designed to support the UK Government’s carbon neutrality by 2050 through carbon sequestration. True North has identified an opportunity to acquire redundant upland farms that had been used predominantly for livestock grazing and create new forests, generating returns through repurposing upland farmland to forestry and obtain government grant funding to reimburse a significant part of the investigation, design, planning, planting and estate works.
ASSET CLASS
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Other – Private Equity Real Estate, forestry development
GREEN DIMENSIONS
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Foresty
CONTACT
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Douglas Crawshaw
(London)
Senior Investment Consultant
Douglas.Crawshaw@willistowerswatson.com
Harry Humble
Chief Executive Officer
VALUE IN US DOLLARS
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$39m (£30m @ 1.3 GBP to USD)
EXPECTED MATURITY
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9 years (6-10 years)
LINKS
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-
GEOGRAPHIC LOCATION
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United Kingdom
FORM OF FUNDING
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Equity Commitments
PARTNERS
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True North European Real Estate Partners
Forestry Manager
Forestry Broker