Impact firms bet on forests as world worries over climate change

By Joice Alves
Financial News London
April 30, 2019
Category: Business & Politics
Region: International

Impact investors have started raising more funds to invest in the forestry sector, as devastating environmental problems caused by rising temperatures demand growing investments to reduce carbon emissions across the world. There are 34 asset managers globally who manage $9.4bn in forestry assets. In the two years to 2019, these firms raised 10 new funds to invest in forestry or forestry-related assets… according to a survey by Global Impact Investing Network (GIIN). …“Asset owners consider the ecosystem services provided by forests to be fundamentally undervalued… most viewed that as an opportunity and felt that changing regulatory and consumer pressures would shift forest valuations in the next 5-10 years,” GIIN noted. …Most forestry funds (73%) primarily target environmental impact in companies that promise to help with climate change mitigation, land conservation and restoration, as well as biodiversity conservation and water stewardship. [A Financial News subscription may be required to access the full story]

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