Impact investment platform Livelihoods announced the launch of its fourth fund, Livelihoods Carbon Fund 4 (LCF4), focused on developing nature-based climate solutions with goals to sequester or avoid between 7 and 10 million tons of CO2 over a 25-year period and sustainably improve the living conditions of 500,000 people.

The company said that it has raised €124 million (USD$142 million) in a first close for the fund and is seeking to raise a total €150 million (USD$171 million).

Paris-based Livelihoods was founded in 2011 through the opening of food and beverage company Danone’s nature-focused fund to new investors. The platform is now backed by 20 companies, with the new fund launched alongside Danone, Hermès, Mars, Mauritius Commercial Bank, McCain, SAP, Schneider Electric, and Voyageurs du Monde.

The initiative mobilizes private investment and field expertise to co-design and deliver long-term projects that restore natural ecosystems, improve livelihoods, and strengthen resilience. To date, Livelihoods has launched 47 large-scale projects, that have avoided or removed 5.4 million tons of CO2, planted 160 million trees, and improved the lives of 2.4 million people across Africa, Asia, Europe and Latin America.

The new fund will invest in nature-based community-led projects, in areas including agroforestry, mangroves, regenerative agriculture and rural energy, co-developed with NGOs and local stakeholders, with upfront funding and shared risk.

According to the company, while reducing emissions within corporate value chains remains a priority for companies investing in LCF4, some emissions remain difficult to eliminate in the near term, with the new fund designed to support climate action beyond companies’ direct operations, while addressing the continued degradation of critical ecosystems and the growing vulnerability of communities most exposed to environmental and climate-related challenges.

Livelihoods added that the new fund will finance large-scale projects aimed at restoring essential natural assets such as forests, mangroves, and agricultural soils, strengthening climate resilience, and sustainably improving the living conditions of over 500,000 people

Eric Soubeiran, CEO of Livelihoods said:

“Companies today have a clear responsibility: to reduce their emissions as quickly as possible while contributing to the protection of the ecosystems on which our collective future depends. With LCF4, we are mobilizing private capital to support projects that provide credible, measurable solutions capable of delivering real impact on the ground. In a world searching for solutions, nature remains the most powerful technology.”