Mirova
Mirova manages funds for public and private investors to support nature-based solutions. These funds are aimed at financing projects that combine profit with purpose to boost ecosystem conservation, restoration, and sustainable livelihoods for local communities.
Mirova and its 100% owned subsidiary Mirova Natural Capital have been designing, raising and investing strategies in the realm of natural capital investing for more than 8 years. A pioneering impact investment company, Mirova identified biodiversity preservation early on as a key issue for sustainable development. Each of its natural capital investment strategies aims at tackling a specific issue through financing solutions and supporting the development at the level of economic ecosystems.
Creating a positive impact is central to Mirova's natural capital investing approach — every investment the company makes must demonstrate how it will achieve both its environmental and social objectives, as well as related financial ones. Mirova works closely with its funding recipients: while every project determines its own targets and baseline values, Mirova identifies a series of Key Performance Indicators (KPIs) to help track the project's progress and ensure that it is making a positive impact.
Mirova currently manages 5 funds that provide financing to natural capital projects:
- The Althelia Cimate Fund: Launched in 2013, the Althelia Climate Fund invests in the world’s deforestation frontiers to slow the rate of deforestation, mitigate climate change, protect biodiversity and provide rural communities with a fair and sustainable living, whilst offering investors a fair return on capital. The strategy supports sustainable innovative agroforestry in buffer zones, and the restoration and protection of biodiversity. It also enables the use of carbon credits from standing forest protection to support livelihoods based on sustainable land use. The Althelia Climate Fund is fully invested.
- The Land Degradation Neutrality Fund: the Land Degradation Neutrality (LDN) concept is incorporated in the Sustainable Development Goals and other initiatives. Co-promoted by Mirova and the United Nations Convention to Combat Desertification, the LDN Fund brings public and private capital together to provide long-term financing to sustainable land-use projects that will reduce or reverse land degradation through agriculture, forestry, and other land-use related sectors (AFOLU). The LDN Fund focuses on scaling up proven businesses.
- The Althelia Biodiversity Fund (ABF) provides venture and growth finance for enterprises that have a positive impact on ecosystems, biodiversity, and communities in the Brazilian Amazon. By supporting innovation in services, technology and finance, its investments increase productivity and boost returns for business owners. ABF invests in a range of sectors including agriculture, extractives, services, technology and financial.
- The L’Oreal Fund for Nature Regeneration supports early stage development of projects restoring degraded marine and terrestrial habitats. More specifically, the portfolio will include development for projects that support the restoration of degraded land, the regeneration of mangroves, and the restoration of marine areas and forests. Beyond ecological restoration, these projects will also help address the social needs of surrounding communities through the development of sustainable livelihood opportunities (sustainable agriculture and fisheries, ecotourism, commercialization of carbon credits). They will live in a healthier environment, enjoy new economic opportunities and enhance their resilience to climate change.
- The Sustainable Ocean Fund aims to protect and restore the marine ecosystems that play a crucial environmental and socio-economic role for the planet, regulating climates, enabling trade, and providing food security to much of the world's population. By investing in initiatives that harness the ocean’s natural capital, the fund aims to build resilience in coastal ecosystems and create sustainable growth in the blue economy.
Projects:
Producing sustainable palm oil in innovative silvopasture systems
Building agroforestry systems around Cordillera Azul National Park
Agroforestry and avoided deforestation along Guatemala's Caribbean Coast
Agroforestry and REDD+ in Peru's Amazon
Sustainable cattle ranching in Brazil's Amazon
Promoting cocoa agroforestry systems in Nicaragua
Country
Peru Nicaragua Guatemala Brazil
Media contact:
Cecilia Cordova Ramos, Director of Latin America, Mirova Natural Capital , cecilia.cordova@Althelia.com
Website:
https://www.mirova.com/enMirova manages funds for public and private investors to support nature-based solutions. These funds are aimed at financing projects that combine profit with purpose to boost ecosystem conservation, restoration, and sustainable livelihoods for local communities.
Mirova and its 100% owned subsidiary Mirova Natural Capital have been designing, raising and investing strategies in the realm of natural capital investing for more than 8 years. A pioneering impact investment company, Mirova identified biodiversity preservation early on as a key issue for sustainable development. Each of its natural capital investment strategies aims at tackling a specific issue through financing solutions and supporting the development at the level of economic ecosystems.
Creating a positive impact is central to Mirova's natural capital investing approach — every investment the company makes must demonstrate how it will achieve both its environmental and social objectives, as well as related financial ones. Mirova works closely with its funding recipients: while every project determines its own targets and baseline values, Mirova identifies a series of Key Performance Indicators (KPIs) to help track the project's progress and ensure that it is making a positive impact.
Mirova currently manages 5 funds that provide financing to natural capital projects:
- The Althelia Cimate Fund: Launched in 2013, the Althelia Climate Fund invests in the world’s deforestation frontiers to slow the rate of deforestation, mitigate climate change, protect biodiversity and provide rural communities with a fair and sustainable living, whilst offering investors a fair return on capital. The strategy supports sustainable innovative agroforestry in buffer zones, and the restoration and protection of biodiversity. It also enables the use of carbon credits from standing forest protection to support livelihoods based on sustainable land use. The Althelia Climate Fund is fully invested.
- The Land Degradation Neutrality Fund: the Land Degradation Neutrality (LDN) concept is incorporated in the Sustainable Development Goals and other initiatives. Co-promoted by Mirova and the United Nations Convention to Combat Desertification, the LDN Fund brings public and private capital together to provide long-term financing to sustainable land-use projects that will reduce or reverse land degradation through agriculture, forestry, and other land-use related sectors (AFOLU). The LDN Fund focuses on scaling up proven businesses.
- The Althelia Biodiversity Fund (ABF) provides venture and growth finance for enterprises that have a positive impact on ecosystems, biodiversity, and communities in the Brazilian Amazon. By supporting innovation in services, technology and finance, its investments increase productivity and boost returns for business owners. ABF invests in a range of sectors including agriculture, extractives, services, technology and financial.
- The L’Oreal Fund for Nature Regeneration supports early stage development of projects restoring degraded marine and terrestrial habitats. More specifically, the portfolio will include development for projects that support the restoration of degraded land, the regeneration of mangroves, and the restoration of marine areas and forests. Beyond ecological restoration, these projects will also help address the social needs of surrounding communities through the development of sustainable livelihood opportunities (sustainable agriculture and fisheries, ecotourism, commercialization of carbon credits). They will live in a healthier environment, enjoy new economic opportunities and enhance their resilience to climate change.
- The Sustainable Ocean Fund aims to protect and restore the marine ecosystems that play a crucial environmental and socio-economic role for the planet, regulating climates, enabling trade, and providing food security to much of the world's population. By investing in initiatives that harness the ocean’s natural capital, the fund aims to build resilience in coastal ecosystems and create sustainable growth in the blue economy.
Projects:
Producing sustainable palm oil in innovative silvopasture systems
Building agroforestry systems around Cordillera Azul National Park
Agroforestry and avoided deforestation along Guatemala's Caribbean Coast
Agroforestry and REDD+ in Peru's Amazon
Sustainable cattle ranching in Brazil's Amazon
Promoting cocoa agroforestry systems in Nicaragua