Rebalance Earth
Two workboats carrying crates on open water off the North Norfolk coast

Investment Strategy

We invest where restoration has a buyer.

We invest institutional capital in landscape restoration at catchment scale, where the services it produces can be measured and contracted for.

Degraded landscapes are a liability. Restored landscapes are an asset.

Britain's economy depends on natural systems it does not own. As rainfall becomes more volatile, degraded catchments turn environmental risk into financial risk. Restoration reverses that chain, and the organisations exposed to the risk are willing to pay for it.

Nine beliefs. One investment model.

How we underwrite, how we commit capital, and what makes the model last.

Aerial view of London's buildings and transport infrastructure around the River Thames

Where returns come from

We only invest where someone will pay, and we're paid for making that possible.

  1. Returns are generated by making projects investible
  2. Demand creates investibility
  3. Cashflows are key
Volunteers planting rows of young trees on a hillside at Broughton Sanctuary

How we commit capital

Exposure grows with evidence, scale and diversification, never ahead of them.

  1. Risk is priced by stage
  2. Scale should improve the economics
  3. Diversification means diversifying underlying risks
Passenger train crossing a stone viaduct above the Evenlode water meadows

What makes it last

We evidence outcomes, build on every deal, and disclose our interests.

  1. Financial discipline and ecological integrity are both required
  2. Every investment should make the next one easier
  3. Alignment and governance are designed in

Designed around five institutional objectives.

Geography
UK catchments and coastal waters
Revenue
Diversified revenue models

Target return

10% net IRR

Target only. Returns are not guaranteed and may not be achieved. Capital is at risk.

  • Financial returns

    Targets income-style returns from long-term contracted cash flows, without relying on an asset sale to realise value.

  • Diversification

    Revenues are linked to the physical performance of restored landscapes and the contracts that pay for it, rather than to listed-market cycles.

  • Portfolio resilience

    Restoration can reduce physical climate risk in catchments where investors' existing property, infrastructure and utility holdings are exposed.

  • Place-based impact

    Capital can be directed locally, regionally or nationally, with measured economic, natural and social outcomes.

  • Scale

    Designed to operate across UK catchments, where larger restoration areas spread fixed costs and support more services, buyers and revenues.

The detail sits in our investment materials.

Structure, underwriting and terms are shared with professional investors on request.

Request investment materials