Reforestation and agroforestry firm Reforest’Action has received a €20m investment from Blisce and Eiffel Essentiel.
This funding will amplify Reforest’Action’s positive impact on the climate, biodiversity, and communities by advancing large-scale development of nature-based solutions and the deployment of a unique technological solutions dedicated to impact monitoring, ultimately contributing to global decarbonisation efforts, the investors said.
Reforest’Action is developing a “comprehensive information and data analysis system” focusing on forest and agroforestry ecosystems. This innovative solution, it said, aims to highlight their benefits for the climate, biodiversity, soil-water systems, and communities.
Reforest’Action already provides a suite of analysis, projection and measurement tools to companies and investors. it has a portfolio of projects that are either certified or in the process of being certified in South Africa, Brazil, and Rwanda, and it is actively expanding its initiatives in Asia, Africa, and Latin America.
Stéphane Hallaire, founder and CEO of Reforest’Action, said: “I would like to sincerely thank Blisce and Eiffel Essentiel for their trust. This accomplishment is the result of 15 years of hard work by the Reforest’Action teams dedicated to ecosystem restoration.
“It showcases our commitment to accelerating and intensifying our efforts in tackling global challenges. We are dedicated to relentlessly pursuing our mission to create an even greater impact in support of the transition to a regenerative economy for the natural world.”
Charles-Henri Prévost, general partner at Blisce, said: “We are convinced that technology alone is not the solution to the current climate crisis but is complementary to nature-based solutions. Their role in preserving biodiversity and stabilizing ecosystems is essential to ensuring a sustainable future for our planet.
“This conviction has been reinforced through our collaboration with Stéphane Hallaire and his teams, as we work to develop a joint offering and accelerate their development.”
Romain Ohayon, managing director at Eiffel Investment Group, said “Reforest’Action has made a name for itself globally with high-quality projects that preserve biodiversity and benefit local communities. Its extensive field expertise, developed over many years, has led to the creation of a unique platform for impact data analysis and monitoring.
“This investment reflects our confidence in Reforest’Action’s potential and its ability to capitalise on opportunities in a booming market to achieve global decarbonisation goals. With this tenth investment, our Eiffel Essentiel fund reaffirms its commitment to supporting the growth of European leaders in the environmental transition.”
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