HSBC Pollination Climate Asset Management- An Asset Management Venture Focused on “Natural Capital”

Reuters writer Simon Jessop reported today that, “HSBC Global Asset Management has teamed up with climate change advisory firm Pollination Group to create an asset management venture focused on ‘natural capital,’ which seeks to put a value on resources such as water, soil and air to help to protect the environment.

“The new venture – HSBC Pollination Climate Asset Management – will look to raise up to $1 billion for its first fund next year, targeting investments that ‘preserve, protect and enhance nature over the long-term,’ it said in a statement on Wednesday.

“It aims to attract capital from institutional investors, including sovereign wealth funds, pension funds and insurers into natural capital investments.”

The Reuters article added that, “A growing number of asset owners such as pension funds are looking to invest in projects that help to protect the world’s biodiversity at the same time as turning a profit.”

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