Proparco invests in Mirova fund
French development finance institution Proparco has invested in the Mirova Sustainable Land Fund 2.
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French development finance institution Proparco has invested in the Mirova Sustainable Land Fund 2 (MSLF2).
The MSLF2 fund is structured as a blended finance vehicle, combining public and private capital to encourage investment in sustainable land management. It aims to support the transition and decarbonisation of agricultural and forestry value chains while generating financial returns.
Anne-Laurence Roucher, head of private equity and natural capital at Mirova stated: “Fostering collective intelligence and collaboration among all stakeholders is vital to accelerate the shift from nature-dependent economic value chains to a more sustainable model that enhances the incomes and rights of local communities. This inaugural coalition is a promising sign for financing sustainable land use, and I would like to express my heartfelt gratitude to our partners for their trust in our longstanding expertise in natural capital.”
Françoise Lombard, CEO of Proparco, noted: “Proparco is delighted to support the MSLF2 fund launched by Mirova, a trusted partner. This fund represents a remarkable initiative, aiming to deliver transformative, measurable impacts through projects in primary agriculture, forestry, and downstream value chains. Its goals align with our shared vision of biodiversity conservation, climate change mitigation and adaptation, economic empowerment for local communities, and gender equality. This investment also aligns with Proparco’s strategic focus on nature-based solutions, fostering positive and lasting impacts for both the planet and its people. By committing to MSLF2, Proparco reaffirms the AFD Group’s dedication to sustainable land use and aspires to catalyse further investments into this impactful initiative.”
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