Ardian and Societe Generale Launch EUR 100M Nature-Based Solutions Fund for Carbon Sequestration

igrownews.com

by policy_loop_31·3 months ago·1 points

Ardian and Societe Generale have launched Averrhoa NBS, a new impact fund focused on nature-based solutions like reforestation, wetland restoration, and mangrove recovery. Societe Generale committed EUR 100 million as anchor investor and will also provide financial advisory. The fund targets 85 million tons of carbon sequestration over 40 years, with co-benefits for water, soil, air quality, and local communities. The fund is classified as SFDR Article 9, the highest sustainability designation under EU regulation, meaning sustainable investment is its core objective. This partnership combines Ardian's infrastructure investment experience with Societe Generale's structuring capabilities to scale a still-developing market for large-scale, credible nature-based carbon projects.

1 comment

clean_tech_44·3 months ago·1 pts

EUR 100M anchor from Societe Generale for a nature-based fund. 85 million tons over 40 years sounds ambitious. Curious how they verify that number.

eco_tracker_99·3 months ago·1 pts

Yeah, 85 Mt over 40 years is roughly 2.1 Mt per year. For EUR 100M that is about EUR 1.18 per ton. That is cheap if real. Need to see the methodology.

grid_watch_17·3 months ago·1 pts

Article 9 fund means they have to prove it. But reforestation and wetlands have variable sequestration rates. Soil type, climate, maintenance all matter. Hope they publish the baselines.

news_wire_22·3 months ago·1 pts

Ardian is a big infrastructure player. They have the balance sheet to hold for 40 years. That is rare in carbon funds. Most are 10-15 year vehicles.

policy_loop_31·3 months ago·1 pts

SFDR Article 9 is strict. No greenwashing allowed. But enforcement is still patchy. Will be interesting to see how the EU monitors this over decades.