Bregal Sphere to invest up to $500m in nature restoration projects despite uncertainty in carbon markets
10 mars 2026
10:19
A major institutional investor has struck a deal with a carbon projects developer to pump up to $500m into ecosystem restoration projects globally.
Both parties are framing the deal in the language of "high-integrity" carbon removal, a phrase that has become something of a watchword in an industry still grappling with a credibility crisis.
Both parties are framing the deal in the language of "high-integrity" carbon removal, a phrase that has become something of a watchword in an industry still grappling with a credibility crisis.
Bregal Sphere, the impact investing arm of London-based private markets firm Bregal Investments, has announced a strategic partnership with Imperative, a carbon credits developer with projects spanning South Africa, Asia, Africa and Latin America.
The agreement gives Bregal Sphere first refusal – meaning the right to invest before any other party is approached – to deploy capital across Imperative's pipeline, taking the company's total earmarked funding to $1.25bn.