- International Attain: The BNP Paribas Future Forest Fund will spend money on licensed sustainable timber belongings throughout the U.S., Australia, New Zealand, and Europe, with an preliminary $130M raised and a goal dimension of $500M.
- Local weather-Pushed Technique: The fund addresses a projected 37%-60% world improve in timber demand by 2050 whereas prioritizing biodiversity and local weather resilience.
- Partnership for Impression: Developed in collaboration with the Worldwide Woodland Firm, the fund emphasizes balancing business viability with environmental stewardship.
BNP Paribas Future Forest Fund: A Sustainable Initiative
BNP Paribas Asset Administration has launched the BNP Paribas Future Forest Fund, a sustainable forestry fund designed to help licensed timber manufacturing whereas advancing biodiversity and local weather resilience objectives. The SFDR Article 9 fund, created in partnership with Copenhagen-based Worldwide Woodland Firm (IWC), targets sustainable timberland investments throughout the U.S., Australia, New Zealand, and Europe.
The portfolio will function 8-12 belongings, choosing solely forests licensed or certifiable by the Forestry Stewardship Council. The fund has an bold goal dimension of $500M, elevating $130M throughout its first closing in November.
Rising Timber Demand
This initiative comes as world timber demand surges. BNP Paribas cites United Nations Meals and Agriculture Organisation knowledge predicting a 37%-60% improve in demand between 2020 and 2050.
Otto Reventlow, CEO of IWC, said:
“The BNP Paribas Future Forest fund represents a big step ahead to deliver sustainable forestry funding into the mainstream and recognises timberland as a compelling funding proposition.
“With this fund, we make sure that our concentrate on business viability is balanced with a powerful dedication to guard and improve biodiversity and local weather resilience. We’re proud to collaborate with BNP Paribas Asset Administration to create a fund that aligns monetary goals with the pressing want for environmental stewardship.”
Aligning Finance with Sustainability
BNP Paribas Asset Administration is positioning itself as a frontrunner in sustainable funding. Following its October launch of 4 ESG fairness ETFs on the London Inventory Alternate, the Future Forest Fund exemplifies its twin concentrate on monetary returns and environmental impression.
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Maxence Foucault, Senior ESG Specialist of Personal Markets at BNP Paribas Asset Management, remarked:
“At BNP Paribas Asset Administration, we’re dedicated to pioneering funding options that handle the challenges of local weather change and biodiversity loss. The BNP Paribas Future Forest Fund is a main instance of how buyers can align environmental advantages with monetary targets.”
This launch indicators BNP Paribas’s strategic dedication to environmental stewardship and sustainable progress within the timber trade.
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