Mirova Welcomes New Investors to Its Flagship Sustainable Land Use Strategy
November 13, 2025
Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investment, announces the onboarding of three new catalytic investors to its flagship strategy dedicated to Sustainable Land Use (SLU): the UK Department for Environment, Food & Rural Affairs (DEFRA), Global Affairs Canada (GAC) and The Coca-Cola Foundation.
A Unique Momentum for Nature-Based Solutions & Sustainable Land Use
The announcement comes at a pivotal moment for climate and biodiversity action, in the leadup to COP30 in Brazil. It coincides with the first edition of the Paris Climate & Nature Week, supported by Mirova and Natixis IM as founding partners of the Paris Climate School, and the Paris Peace Forum. This year also marks the 10th anniversary of the Paris Agreement and of Mirova’s natural capital expertise. Together, these milestones reflect growing momentum for large-scale nature-based solutions and global coalitions driving natural capital restoration.
Strong Institutional and Public Investor Appetite
Building on the initial commitments from Abeille Assurances, Allianz France, BNP Paribas Cardif, FMO, Proparco and the SDG Impact Finance Initiative (SIFI), this new wave of investors underscores the growing appetite for high-impact strategies. DEFRA and GAC, both investors in Mirova’s first-generation sustainable land use fund, reaffirm their support for the firm’s natural capital platform.
Total capital raised for this second vintage now exceeds EUR 100 million, marking a significant milestone in building a global coalition of public, private, and philanthropic partners committed to transforming supply chains through sustainable land use. In addition, the Green Climate Fund approved EUR 75 million support earlier this year, which is expected to be fully signed by the end of the year. The fundraising period remains open, with a target size of EUR 350 million.
A Scalable Blended Finance Model for Impact
Mirova’s sustainable land use strategy mobilizes public and concessional capital to de-risk investments and unlock larger volumes of private funding. Its layered structure enables a wide range of investors—from family offices to insurers—to invest in the natural capital space. In response to growing physical risks, particularly in food systems and supply chains, the strategy channels capital toward resilient, low-carbon agricultural and forestry production and transformation activities. It aims to deliver measurable outcomes in climate adaptation and mitigation, biodiversity conservation, and social inclusion, with a strong focus on empowering women in emerging markets. Target sectors include sustainable forestry, agroforestry, and regenerative agriculture.
To deliver on these ambitions, Mirova relies on strategic alliances with organizations such as the Forest Stewardship Council (FSC) and the Rainforest Alliance to source and support high-quality projects on the ground. These partnerships are instrumental in scaling nature-based solutions that deliver climate, biodiversity, and community benefits across Africa, Latin America, and Asia. Mirova also reached a key milestone by establishing a Technical Assistance Facility (TAF) dedicated to improving the environmental and social performance of the projects financed by the strategy, with its management entrusted to the Catalytic Finance Foundation.
“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.”
Gautier Queru, Managing Director, Natural Capital, Mirova