New Forests' Sustainability Report and Impact Investment
Sustainable timberland investment manager, New Forests, released its 2018 Sustainability Report at the end of April. The fund manager now has AUD5 billion in investments that include sustainable timber plantations, rural land, and conservation investments related to ecosystem restoration and protection.
In addition, Impact Alpha reports that New Forests' new Southeast Asia forestry fund "includes a tranche aimed at impact investors with specific reforestation, biodiversity and community livelihood goals." According to the report, the David and Lucile Packard Foundation "helped negotiate the impact tranche and has approved a $10 million equity investment in the planned $300 million fund."
More on the impact tranche here from Impact Alpha: https://impactalpha.com/taking-an-impact-tranche-packard-foundation-pushes-forest-fund-beyond-business-as-usual/