TLDR:
- Fiera Comox Global Sustainable Timberland Strategy makes first investment with New Zealand JV
- Australia’s climate reporting requirements to impact small firms
The Fiera Comox Global Sustainable Timberland Strategy has made its first investment with a New Zealand joint venture. Additionally, Australia’s climate reporting requirements are set to impact smaller firms, causing them to feel the heat of the new regulations. Tall Grass Ventures has successfully closed a fundraising round at C$32m, while Fiera Comox has taken a majority stake in a New Zealand forestry JV. Australian climate rules are expected to have a significant impact on both large and small firms, according to Rural Bank.
In other news, Stafford Capital and JPMorgan have secured a £300m forestry mandate, while DeA Capital has acquired a majority stake in an Italian citrus producer. The article also mentions Australia’s efforts to reduce the risk of greenwashing, changes in New Zealand’s “burp tax” policy, and the implications of US-China tensions on portfolio insulation.
Overall, the article highlights the latest developments in sustainable timberland investments, fundraising rounds, and the emerging challenges and opportunities in the agriculture and forestry sectors related to climate change regulations and sustainability initiatives.
