About the fund
The Mirova Sustainable Land Fund 2 (MSLF2), structured as a blended finance vehicle, had its first close and commenced operations in 2024. Launched in December 2023, it reached €100 million at its first close and is on track to hit its €350 million fundraising target. Managed by Mirova, the impact investing arm of Natixis Investment Managers, MSLF2 tackles the interconnected challenges of land degradation and climate change by investing in sustainable land management projects, supporting agroforestry, regenerative agriculture, and sustainable forestry to enhance soil health, increase biodiversity, and improve carbon sequestration. The fund provides long-term financing for sustainable land use projects and companies that support certified production of food and fiber value chains, targeting positive impacts on climate mitigation and adaptation, biodiversity protection, community inclusion, and gender equality, with an existing pipeline across Africa, Asia, and Latin America. The coalition of investors combines public, private, and philanthropic capital through a blended finance approach, with the SDG Impact Finance Initiative (SIFI) playing a catalytic role as the first junior investor. The Rainforest Alliance serves as a strategic partner to support pipeline development and high-quality project implementation.
