🌱 This week in NatureTech #10

[4-minute read]

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NatureTech Memos
July 18, 2024

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In today’s edition:

🌊 Rewilding carbon credits

🌳 Funding to help natural resource managers

💼 A whole new suite of NatureTech jobs

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🐘Long Read (1-Min Read)

Just In: Exciting news for Rewilding!

What happened: A Netherlands-based museum and research centre is buying carbon dioxide removal credits generated by a rewilding project in the UK to offset emissions from employee travel in 2023.

Credits: The Naturalis Biodiversity Center is paying €100 ($109) a tonne of carbon dioxide equivalent for the credits, which have been sourced by @Treeconomy from Nattergal's Boothby Wildland project in Lincolnshire, England.

For Nature: The Boothby project, which covers 617 hectares, is on former arable land and is being returned to natural vegetation over three years, including the reintroduction of several 

And then: Once natural vegetation has a chance to re-establish, primarily through natural regeneration, free-roaming animals will be introduced to kickstart dynamic natural processes and continue the work of soil and habitat restoration. This will include wild horses, beavers and foxes.

Financially sustainable? As well as the sale of rewilding credits, Nattergal hopes to generate revenues through nature-based enterprises including camping and glamping, as well as visitor guided walks and safaris.

For NatureTech: A potential boost for Nature Data startups - Treeconomy said baseline work has been conducted to measure carbon and biodiversity metrics using its monitoring technology. More projects of this nature = more demand for Nature measurement, verification and reporting startups.

Significance: This purchase is particularly significant because, until now, rewilding projects have struggled to receive access to carbon-based financing. This sets a precedent for future funding and promoting rewilding projects globally.

What do you think of the project? Let us know by responding to the email (Full story here)

💬Snippets for your lift conversations

  • Big business: British automaker Jaguar Land Rover will use natural rubber tyres made by Italian tyre manufacturer Pirelli, for its entire range of luxury vehicles amid a push towards sustainability and will be Forest Stewardship Council (FSC) certified

  • Big business: China, the world's largest beef importer and Brazil, the biggest supplier, will set up a pilot scheme as part of efforts to make beef production more sustainable, state media said this week.

  • Big business: The world’s largest tea group, Lipton Teas and Infusions, has kickstarted trials to improve climate mitigation and resiliency for farmers in Kenya to improve product standards.

  • Big business: UK Supermarket Co-op to back soil health, biodiversity, alternative forage crop, genetics, and data projects, with an initial focus on its beef and lamb farming group

  • Policy: The UK’s Department for Environment, Food & Rural Affairs (Defra) has revealed its five main policy priorities for change under the Labour Government, including protecting Britain’s nature, food system and communities from the impacts of climate change.

  • Finance: Principal Asset Management has launched a food and biodiversity fund to invest in the growing number of impact opportunities in the agriculture sector.

  • Finance: Nature Cosmeticos, a Brazilian cosmetics company, has raised R$1.3 Billion ($245 million) with a unique sustainability-linked bond (SLB) that focuses on biodiversity conservation and sustainable sourcing in the Amazon region

  • Finance: BBVA Colombia and the International Finance Corporation have issued the first tranche of a $70 million bond to address the drivers of biodiversity loss.

  • Regulation: In a significant move towards advancing corporate sustainability, the Science Based Targets Network (SBTN) has unveiled its latest suite of technical guidance and enabling materials. 

  • Research: Utility EDF Renewables and environmental management consultancy Nature Positive have partnered with Exeter University to conduct research on the ecological effects of solar farms.

🎣Deals

  • Vibrant Planet, a US-based start-up,  raised $4.5Mn in Series B funding for their platform that provides real-time scenario planning, monitoring, and reporting for natural resource managers 

  • Bio-Logical, a Kenya-based start-up raised $1.3Mn in Seed funding for their process that turns agricultural waste into biochar, a long-lasting carbon-sequestering material, and mixes it with organic fertilizer, providing it to smallholder farmers in the region.

  • Two start-ups in our network are currently raising - one pre-seed with a former exited founder working on data and payments for nature-based project managers, and one in the Ocean data space get in touch for more info

💭Little Bytes

📊Stat:Bees, butterflies and birds are vital to global food production, as they provide pollination for approximately 75% of all crops worldwide

📺️Watch: Why Investors are excited about PollinatorTech

📆Events

💼Jobs

🐝 Corporate 🐝

🐝Finance🐝

🦊 Nature-based solution projects & nature tech startups 🦊

📩 Feel free to send us deals, announcements, or anything else at [email protected] . Have a great week ahead! 

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