NEW YORK, 2 November 2021 – BTG Pactual Timberland Investment Group (TIG) has joined the United States-led Forest Investor Club, a network of public and private financial institutions committed to raising the scale and scope of investments in restoration, conservation, sustainable forestry and green infrastructure.
The members of the club aim to unlock investment that supports sustainable, climate-aligned outcomes in the land sector. Together, the club will look to reduce and remove traditional barriers to forest and nature investments in order to catalyze significantly larger amounts of finance for climate action and biodiversity.
“Interest in investments that integrate positive impacts on climate, communities and biodiversity has never been greater. But capital deployment is limited by the availability of high-quality, scalable opportunities. New approaches are needed if we are to move with the urgency required by the challenges we face. The kind of collaboration fostered by the Forest Investor Club is key to unlocking new investment,” said Mark Wishnie, the Chief Sustainability Officer at TIG.
TIG has recently launched two initiatives that will directly contribute to this goal, together with two other FIC members. In the USA, The Nature Conservancy will serve as conservation advisor for TIG’s core US strategy, helping to enhance climate impacts, conservation outcomes, and resilience across nearly 530,000 acres of land representing nearly $900M of TIG’s $4B global timberland portfolio. In Latin America, Conservation International will serve as impact adviser for TIG’s new impact-focused reforestation strategy, which seeks to mobilize $1 billion of new capital into forest protection, forest restoration and sustainable commercial reforestation over the next five years.
Founding members of the Forest Investor Club include: Apple, Conservation International, the U.S. International Development Finance Corporation, Finnfund, Goldman Sachs, Hancock Natural Resource Group, Lombard Odier, Mirova, New Forests, Norfund, Pollination, SAIL Ventures, The Nature Conservancy, in collaboration with Network Partners, including Convergence Finance and the Natural Capital Investors Alliance.
About the BTG Pactual Timberland Investment Group
The BTG Pactual Timberland Investment Group (TIG) is one of the world’s oldest and largest timberland investment management organizations. TIG manages assets and commitments of over $4.2 billion across 3 million acres.[1] TIG and affiliates have over 100 professional staff members bringing local, regional, and global experience to bear on the careful management of client investments. For more information, please visit www.timberlandinvestmentgroup.com.
About BTG Pactual
BTG Pactual (BPAC11) is the biggest investment bank from Latin America, operating in Investment Banking, Corporate Lending, Sales & Trading, Wealth Management and Asset Management. Since inception, in 1983, the Bank has been run based on a meritocratic partnership culture, focused on clients, excellence and a long-term vision. BTG Pactual has cemented its status as one of the most innovative sector players and has won numerous national and international awards. BTG Pactual currently has more than 4,000 employees in offices across Brazil, as well as in Chile, Argentina, Colombia, Peru, Mexico, the US, Portugal and England. For more information go to http://www.btgpactual.com.
[1] As of October 2021; 3 million acres: As of May 31, 2021