Real Assets
We build future energy systems and resilient infrastructure, backing emerging opportunities in technology, land and water.
Foresight Natural Capital II (FNC II)
A differentiated European natural capital development strategy
FNC II builds on the proven, holistic strategy of FNC Ltd. It combines strong sector expertise with scalable land transformation to unlock long-term environmental and financial value.
Data as at March 2025
Overview
Overview
FNC II targets the proactive development and enhancement of European natural capital assets - afforestation, forestry, permanent tree crops, peatland restoration, biodiversity net gain, and regenerative agriculture. This pioneering land-based development strategy is built on three key tenets:
- Diversified Portfolio Construction – Complementary geographic and market allocations across Europe.
- Proactive Value Creation – Capturing value throughout the investment lifecycle.
- Helping to deliver a Just Transition – Ensuring fair and equitable land use change.
Its objective is to optimise nature-based services and deliver resilient, risk-adjusted returns through a hands-on, holistic approach.
Why does it matter?
Nature underpins half of global GDP (PwC), yet ecosystems are collapsing and biodiversity has declined by two-thirds since 1970 (WWF). FNC II will help to address this crisis by investing in high-integrity, European natural capital assets - afforestation, biodiversity net gain, and regenerative agriculture. With institutional backing, rigorous project standards, and alignment to frameworks like TNFD and CSRD, FNC II offers investors a rare opportunity to deliver measurable environmental value and access a resilient, fast-growing market.
The market opportunity
$737bn
Annual investment in nature-based solutions (NbS) must quadruple to $737 billion by 2050 to meet global climate, biodiversity, and land restoration targets -up from $200 billion today.
7x
Private finance for nature must grow 7-fold by 2050 to cover 33% of total NbS investment, unlocking scalable opportunities in biodiversity offsets, sustainable supply chains, and regenerative land use.1
$58tn
More than half of the world’s GDP, is moderately or highly dependent on nature and its services.2
1 Source: UNEP Finance for Nature
2 Source: World Economic Forum
Investment strategy
FNC II targets the proactive development and enhancement of UK natural capital assets - afforestation, forestry, peatland restoration, biodiversity net gain, and regenerative agriculture. Its objective is to optimise nature-based services and deliver resilient, risk-adjusted returns through a hands-on, holistic approach.
FNC LTD Case Studies
Fordie Estate, Scotland | Natural Capital in Action
Fordie Estate: Natural Capital in Action
Fordie Estate in Perthshire, Scotland, showcases how proactive, holistic land management can create value for investors, restore nature, and benefit local communities.
Peatland Restoration at Knock Fell
With Scotland’s net-zero target set for 2045, urgent action is needed to restore degraded peatlands - one of the country’s most valuable natural carbon sinks. We have been working on restoring our Knock Fell peatland site in Galloway to stabilise the ecosystem and prevent the release of approximately 23,000 tonnes of carbon into the atmosphere.
Forestry Skills Training Programme
A fully funded initiative aimed at providing young people with the necessary skills and qualifications to enter the forestry sector.
FAQs
FNC Ltd is designed for institutional investors seeking exposure to nature-based solutions with strong sustainability credentials. This includes pension funds, endowments, and family offices. FNC has received commitments from UK local government pension schemes and is actively welcoming new institutional partners.
