As part of a strategic partnership, ANZ will invest $50m for a minority equity stake in Pollination, a global climate change investment and advisory firm.
ANZ and Pollination plan to deliver innovative solutions and opportunities for their customers, helping drive the transition to net zero and support biodiversity. The investment is part of Pollination’s Series B round.
The partnership brings together ANZ’s market-leading Institutional Bank and strength across Asia Pacific with Pollination’s expertise in climate finance, asset management, carbon projects, and environmental sustainability-focused corporate advisory.
The collaboration will focus on the transition needs of ANZ’s customers globally in the areas of sustainable finance, project & export finance, carbon markets and corporate advisory, including mergers and acquisitions.
Founded in 2019, Pollination comprises more than 120 experts operating across 13 countries. Team members have played leading roles in decarbonisation and nature solutions, including in development of the Paris Agreement.
Martijn Wilder AM, co-founding partner at Pollination said, “Strategic partnerships are core to Pollination’s impact model – they extend our reach and scale far beyond what we could achieve alone. ANZ has a strong track record of delivering innovative sustainable finance products. With a presence in 14 markets across Asia, it has exceptional reach where investment in decarbonisation and nature is both critically important and a huge opportunity.”
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