Key Takeaways
- Just Climate has raised $375 million to expand its Natural Climate Solutions strategy, targeting high-impact opportunities in land use, water, and waste.
- The strategy is backed by major institutional investors, including pension funds, asset managers, and global financial institutions.
- The fund has invested in AgroStar, an Indian agritech platform serving more than 10 million smallholder farmers.
- The initiative aims to scale products and services that transform land management, reduce emissions, and support biodiversity.
- Leadership from Just Climate, investors, and AgroStar emphasized the importance of nature-based solutions for climate resilience and sustainable growth.
Just Climate Expands Natural Climate Solutions Strategy With $375 Million in Commitments
Just Climate, an investment business founded by Generation Investment Management, announced it has secured $375 million from global institutional investors to accelerate the deployment of natural climate solutions. The funding will support scalable approaches to reducing emissions and restoring environmental health in some of the highest-emitting and most resource-intensive sectors of the global economy.
Investors include pension funds, asset managers, and financial institutions such as Achmea Investment Management, the Environment Agency Pension Fund, and the Royal Bank of Canada.
Agriculture a Key Focus: Investment in AgroStar to Drive Climate-Resilient Farming
As part of its strategy, Just Climate confirmed an investment in AgroStar, one of India’s largest agritech platforms. AgroStar serves more than ten million smallholder farmers, providing seeds, biological fertilisers, agronomic advice, and market-linkage solutions through a digital platform and a retail network of around 10,000 stores.
AgroStar’s services aim to increase yields, reduce input costs, and lower chemical and water use — outcomes that support both climate resilience and farmer livelihoods. The investment will help the company expand its store network and broaden its range of sustainable inputs.
Leadership Highlights Need for Scalable Land-Use Transformation
Clara Barby CBE, Senior Partner at Just Climate, said the focus on land use is central to global climate and biodiversity goals:
“We are proud to welcome a diverse group of partners who share our conviction that investing in the land transition is essential to building a sustainable economy. Together, we can scale solutions that deliver measurable impact for climate, biodiversity and people.”
Becky LeAnstey, Investment Manager at the Environment Agency Pension Fund, noted the alignment between climate and nature-focused investment:
“Climate and nature are inextricably linked. We are excited to partner with Just Climate… They offer opportunities that not only work financially, but also for people and planet.”
Ralph Engelchor, Portfolio Manager Impact Investing at Achmea Investment Management, added:
“Investing in natural capital is essential to addressing the dual crises of climate change and biodiversity loss. Through this partnership, we seek to accelerate the transition to a nature-positive economy by supporting scalable, high-integrity projects.”
Shardul Sheth, CEO and Co-Founder of AgroStar, emphasized the importance of the collaboration:
“Indian agriculture stands at a critical juncture… Partnering with Just Climate brings far more than capital; they bring deep expertise in scaling natural climate solutions. With their investment, we will accelerate our mission to empower smallholder farmers with sustainable inputs and advisory services.”
A Strategy Focused on Transforming Land Use, Water, and Waste
Just Climate’s Natural Climate Solutions strategy is designed to scale innovations that reduce emissions and restore ecosystems across sectors where land degradation and resource use contribute significantly to global climate and biodiversity challenges. Key opportunity areas include:
- Biological fertilisers and crop-protection alternatives
- Restoration project finance and operation
- Technologies that verify carbon, water, and biodiversity outcomes
- Low-impact farming and water management approaches
Land-use change currently accounts for roughly one-third of global emissions and is a major driver of biodiversity loss. The strategy aims to deliver competitive financial returns while accelerating solutions that support global net-zero and nature-positive goals.
Just Climate's Growing Portfolio Includes Agriculture and Biodiversity Technologies
In addition to AgroStar, Just Climate has invested in NatureMetrics, a UK-based biodiversity monitoring company, and GreenLight Biosciences, which develops biological alternatives for agriculture.
The initiative also welcomed major anchors in recent months, including the California State Teachers’ Retirement System (CalSTRS) and Microsoft’s Climate Innovation Fund, further strengthening the capital base for nature-focused investment.
