News
The fifteenth Conference of the Parties to the Convention on Biological Diversity (COP 15) took place from 7 to 19 December in Montreal, Canada. The COP15 resulted in a groundbreaking agreement on the Global Biodiversity Framework. Mirova followed the negotiations closely, and part of our teams were on site to participate in side-events and discuss our approach to biodiversity overall and more specifically our natural capital platform.
Ten years ago, we chose the name Mirova in reference to Mirovia, a hypothetical ocean that surrounded the supercontinent of Rodinia almost 1,000 million years ago. The name marked our desire to be at the forefront of an approach to finance that cares for the planet, its lands, its oceans and its natural capital, as well as the well-being, diversity, and inclusion of everyone in a global environment.
Mirova, an affiliate of Natixis Investment Managers 100% dedicated to sustainable investing, renews its support to Komaza, an innovative smallholder forestry platform, which provides scalable and sustainable nature-based solutions to climate change. The $US 9.5 million investment will help Komaza to scale operations in Kenya.
Mirova announces the 10th investment of its sustainable land use strategy, aimed at supporting the development of Aqre Group, a leading producer of natural ingredients for the pharmaceutical, cosmetic, food and beverage industry. The $US 10 million investment will specifically allow the implementation of sustainable land management practices in Madagascar in partnership with thousands of smallholder farmers.
Mirova Forward inaugurates its first financing. Following its first call for projects, three winners were selected: Humanity Diaspo, La Cravate Solidaire and CARI. Two “Forward” projects will enable the endowment fund to support two flagship projects around equal opportunities and water with Make.org and WWF France.
While the effects of climate change are rapidly taking a very concrete form in our daily lives all throughout the world, investors need guidance to make nature-positive investment decisions. It is the goal behind the “Taskforce on Nature-related Financial Disclosure” (TNFD), to which Mirova actively contributes.
