Government appoints fund managers of Big Nature Impact fund

Supported by Defra

The Department for Environment, Food and Rural Affairs (Defra) has appointed Federated Hermes and Finance Earth as the fund managers of a new public-private impact fund investing in restoring nature.

The launch of the Big Nature Impact fund was announced in the Autumn Budget and Spending Review last year on the back of the Dasgupta Review, an independent report on the economics of biodiversity conducted by Sir Partha Dasgupta and commissioned by the government in the 2019 Spring Statement. At the 2021 Spending Review, the government also announced plans to raise at least £500m of private investment into nature's recovery every year by 2027 and more than £1bn a year by 2030, including £30m public investment in the Big Nature Impact fund. Schroders unveils 'Plan for Nature' This ...