AXA, Unilever, and Tikehau Capital announce their ambition to create an impact fund dedicated to investing in projects and companies supporting the regenerative agriculture transition.
The three partners aim to invest €100 million each, and combine a unique set of industry, risk, and financial expertise to drive structural change. The fund will also be open to investors who wish to participate and benefit from this initiative, with a target size of €1 billion.
The aim of the fund, which will be managed by Tikehau Capital, will be to promote regenerative agriculture practices by focusing on three core areas:
- Protecting soil health to enhance biodiversity, preserve water resource and fight climate change
- Ensuring the future supply of regenerative ingredients to meet the needs of a growing global population and consumer demand for increasingly sustainable products
- Helping to unlock technological solutions that will accelerate the transition to regenerative agriculture
“Reducing agriculture’s impact on the environment is vital to combating climate change and ensuring there is a healthy and sustainable food supply chain for all. This reduction in impact must be a collective effort that takes place on a large scale. Through the launch of this fund, our goal is to pool resources, skills, and expertise to support the technological innovations and the changes of practices that are required to improve both soil and human health. The fund will help us to implement our climate plan, through which we aim to have €5 billion of assets under management by 2025 dedicated to addressing the climate emergency.”
Pierre Abadie, Group Climate Director at Tikehau Capital