Finance • Althelia: An innovative financial approach to protecting biodiversity

The earliest thematic funds for the protection and restoration of biodiversity and natural capital were swift to recognise the links between biodiversity and climate. As these funds arrive at their terms, assessments can now be made. Such is the case for Althelia Climate Fund, launched by Mirova in 2013, with a liquidation date of June 2022, extended to May 2023. Althelia’s innovative financial approach aims to slow deforestation and protect biodiversity by using a combination of indicators to demonstrate the environmental, social and economic impacts of its ten projects.