Danone, Mars Back New €150 Million Nature-Based Solutions Fund

Deal Summary

Impact investment platform Livelihoods announced the launch of its fourth fund, Livelihoods Carbon Fund 4, raising €124 million (US$142 million) in a first close and targeting a total of €150 million. The fund is backed by corporate investors Danone, Hermès, Mars, Mauritius Commercial Bank, McCain, SAP, Schneider Electric and Voyageurs du Monde, and will finance nature‑based climate solutions such as agroforestry, mangroves and regenerative agriculture.