Mirova, an imPact fund manager is managing a $120M land degradation Neutrality (ldn) fund to invest in projects related to sustainable agriculture and forestry with positive social and environmental impact. Created by UN convention, the fund WILL raise $300m in the capital. THE FUND WILL FURTHER PROVIDE TECHNICAL ASSISTANCE TO INVESTEES TO FOSTER LAND Degradation neutrality, enabling considerable social change and impact.
Colombo is the first and only South Asian city to be accredited under the Ramsar Wetland Accreditation scheme, which calls for greater conservation of the wetlands. Effort of the project is to preserve the fishing cat, the largest terrestrial predator in Colombo. Check out the publication on the sustainable finance.