About the GFI Hive

As the GFI Nature Team (GFI Hive), our mission is to increase the role of the private sector in paying for and investing in nature restoration, nature-based solutions and nature-positive outcomes, ensuring that high-integrity environmental and social outcomes are delivered.

Like our colleagues across GFI, we began our work in the UK partnering with the finance sector, government, academia, environmental NGOs and land managers to identify and unlock barriers to this mission. We have since expanded to now work internationally, such as through the Revenues for Nature global initiative with partners UNEP FI and UNDP Biofin.

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Programmes

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Revenues for Nature (R4N)

R4N is a global project led by the GFI Hive with UNDP Biodiversity Finance Initiative (UNDP BIOFIN) and UNEP Finance Initiative (UNEP FI) that supports the mobilisation of private sector investment to reach the goals of the Global Biodiversity Framework.

The programme identifies, and supports the replication and scale of, models and mechanisms that unlock investment into nature restoration and nature-based solutions.  These range from supply chain models through to government led models. We currently work with eight models across the world.

The mission is supported by a global database of models, the publication of guidebooks and case studies, and a community of practice of businesses, governments, financial institutions and NGOs.

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Taskforce for Nature Related Financial Disclosures (TNFD)

The GFI Hive convenes the UK’s Consultation Group and supports over 600 UK businesses in navigating nature and the TNFD. The GFI Hive works with adopters of the TNFD recommendations to share learnings and best practices more widely.

In its market engagement, the GFI Hive offers guidance on how UK companies are implementing TNFD, example TNFD reports from UK peers, sector-specific resources and information on how to discuss nature and TNFD at Executive- and Board-level.

Latest insights

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17.12.25

Creating a financial system that rewards nature restoration and impact reduction

All organisations and institutions working towards this target of large-scale traditional investment into nature restoration would benefit by collectively considering how we can address...

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28.11.25

Unlocking Finance for Sustainable Supply Chains

The latest R4N Guidebook Nature-based Revenue Models in Agriculture, Food and Fisheries Supply Chains, explores collective corporate action models and demonstrates how Nature-based Solutions...

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25.11.25

GFI Hive, Finance Earth & The Crown Estate launch Marine & Coastal Investment Readiness Toolkit Consultation

The Green Finance Institute, in partnership with Finance Earth and The Crown Estate, has today published initial guidance for a new Marine and Coastal...

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17.09.25

From risk to resilience: financing nature at scale

As the climate crisis intensifies and ecosystems edge toward tipping points, the private sector is beginning to reckon with a fundamental truth: environmental risk...

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17.09.25

TNFD: From disclosure to action

At COP16 in Colombia, the global community came together to discuss how to make the Kunming-Montreal Global Biodiversity Framework a reality.

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17.09.25

Catalytic Philanthropy: How a holistic approach could unlock trillions in investment

As individuals, charitable trusts, foundations and endowments review their budgets ahead of 2026, the question, therefore, is: how can we ensure that philanthropic funding...

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17.09.25

Regulated nature offsets: the key to unlocking the billions required

Mitigation banking, rooted in laws allowing no net loss of wetlands and streams, has transformed the way private capital supports nature-positive investments.

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17.09.25

From principles to practice: embedding Indigenous leadership in nature finance

While global commitments and the development of shared principles and guidance are critical steps, the task now is translating these into practical and innovative...

Explore the GFI Hive Toolkits

Investment Readiness Toolkit

The Investment Readiness Toolkit is an online and interactive framework that takes nature-based project developers and enterprises along the eight milestones of a path to Investment Readiness, providing key considerations and case studies.

This Toolkit was commissioned by the Esmée Fairbairn Foundation and is intended for any project developer or enterprise interested in restoring or creating natural habitats in the UK with the use of private finance – including farmers, estate owners, charities, local authorities, project developers or aggregators.

Farming Toolkit for Nature Market Opportunities

The Farming Toolkit has been commissioned by Defra as a free resource to support England’s farming community in understanding and navigating emerging nature market opportunities. It is a version of the Investment Readiness Toolkit bespoke to farmers.

The Toolkit is divided into two sections – the Introduction to Nature Markets gives an overview of nature markets as a concept and answers commons questions. The Snake provides a step-by-step guide for how nature market projects are developed in practice by farmers.

Case studies

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24.10.25

Upper Tana-Nairobi Water Fund

The Upper Tana-Nairobi Water Fund (UTNWF), established in 2015 as Africa’s first water fund, aims to enhance the quality and quantity of water in...

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21.10.25

Act4Water Water+ Credits

Act4Water is a voluntary water conservation initiative that enables companies to reduce and compensate for their water footprint by purchasing Positive Water Credits —...

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20.10.25

The High Integrity Forest Investment (HIFOR) Initiative

The Wildlife Conservation Society (WCS) launched the High Integrity Forest Investment (HIFOR) Initiative to channel long-term conservation finance to the stewards of high integrity...

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10.10.25

Quito Water Fund

Fondo de Protección del Agua (FONAG), was the world’s first water fund, established in 2000 through a 1% environmental surcharge on water bills by...

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19.08.25

Blue Alliance – Marine Protected Areas

Founded in 2015, Blue Alliance is a not-for-profit that supports marine conservation by developing sustainable financing solutions for large Marine Protected Areas (MPAs). Blue...

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28.05.25

Landscape Enterprise Networks (LENs)

Landscape Enterprise Networks (LENs) are an initiative launched through a collaboration between Nestlé and 3keel, with additional support from Diageo and PepsiCo, to promote...

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25.04.25

The Fisheries Improvement Fund

The Fisheries Improvement Fund (FIF), established in 2023 is a multi-stakeholder supply chain financing model to fund fishery improvements across the world. Designed together...

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27.07.24

Tikehau Capital’s Regenerative Agriculture Strategy

Tikehau Investment Management launched its Regenerative Agriculture Strategy in 2022, to scale regenerative agriculture practices globally. The strategy invests in corporates that have a...

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21.10.24

The Reef Credit Scheme

The Reef Credit Scheme is a voluntary nature market that was designed to improve water quality across the Great Barrier Reef catchment in Queensland,...

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26.07.24

Federated Hermes Biodiversity Equity Strategy

The Federated Hermes Biodiversity Equity Strategy is an Article 9 equity fund designed to achieve long-term, risk-adjusted returns by investing in a portfolio of...

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09.10.23

Oxygen Conservation

Oxygen Conservation is a UK-based company that invests in land to protect and restore natural capital. In 2023, Oxygen Conservation acquired two estates in...

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29.05.22

Rimba Collective

The Rimba Collective is a pioneering forest conservation and restoration financing mechanism led by long-term committed supply chain actors that purchase agricultural commodities, including...

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17.10.24

Responsible Commodities Facility

The Responsible Commodities Facility provides financial incentives to produce soy in existing cleared and degraded lands in order to discourage further expansion of agricultural...

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21.10.24

Kilombero Sugar Company

The African Wildlife Foundation (AWF) has partnered with Kilombero Sugar Company, the largest sugar producer in Tanzania to work with sugarcane farmers on climate-smart...

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30.09.22

The Rhino Bond

The world’s first Wildlife Conservation Bond – also known as ‘the Rhino Bond’ – has been issued by the World Bank to help increase...

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10.08.22

ASN Biodiversity Fund

The ASN Biodiversity Fund is the first listed fund for natural capital that uses investment from the retail sector. It targets large funds and...

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18.08.22

eco.business Fund

The eco.business Fund provides financing and technical assistance to both businesses and their financial institutions that are committed to driving sustainable practices in is...

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31.08.22

Farmland LP

Farmland LP owns and manages over $200 million in US farmland assets. It buys conventional farmland and converts it to organic and sustainably managed...

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29.07.22

Highlands Rewilding

Highlands Rewilding aims to rewild estates in the Scottish Highlands to restore nature, improve biodiversity and carbon sequestration, and work with local communities. Its...

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09.08.22

The Wyre Catchment Natural Flood Management Project

The Wyre Catchment Natural Flood Management Project will deliver more than 1,000 targeted measures to store, slow and intercept flood water and prevent peak...

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14.07.21

Landscape Resilience Fund

The Landscape Resilience Fund (LRF) was launched in June 2021 to target climate adaptation in developing countries. It supports small and medium-sized enterprises (SMEs)...

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26.04.22

Iroquois Valley Farmland REIT

Iroquois Valley Farmland REIT provides young farmers in the US with land security by buying farmland and leasing the land to them at affordable...

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29.06.22

Tropical Asia Forest Fund 2

The Tropical Asia Forest Fund 2 (TAFF 2) aims to capitalise on the long-term investment opportunities in sustainable plantation forestry, demonstrating how to deliver...

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22.10.21

DC Water Environmental Impact Bond

Like many cities with aging infrastructure, Washington DC relies on a system that combines stormwater and sanitary sewage. This used to result in an...

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22.10.21

DC Stormwater Retention Credit Trading Programme

Washington DC faces considerable challenges when it comes to stormwater runoff. One is that 43% of the District’s land is impervious, which means that...

Useful resources

View our library of third party resources, including links to websites, reports and articles that discuss nature and finance. These are regularly updated and shared in the monthly GFI Hive newsletter.

Adaptation Gap Report: Running on Empty

Date published: November 2025

This report from UNEP estimates developing countries will need US$310–365 billion annually for adaptation by 2035, far above current flows of US$26 billion. Finance needs are 12–14 times higher than existing support, risking missed climate goals. While private sector potential and policy progress exist, both public and private finance must scale without burdening vulnerable nations with debt.

Unlocking Private Finance for Nature as Infrastructure

Date published: November 2025

This report from AIIB calls for treating nature as critical infrastructure, using Public-Private Partnerships for Nature (PPPNs) to mobilize investment at scale. It highlights guarantees, insurance, and biodiversity credits as underused tools to accelerate financing. Governments, MDBs, and financial institutions must mainstream nature into economic systems, regulation, and planning to unlock private capital and deliver resilience outcomes.

Re-WIRE Agri-Food Value Chains

Date published: November 2025

This report from the Food and Land Use Coalition highlights mounting pressures on agri-food value chains, from climate risks to human rights concerns, with impacts on people, planet, and business resilience. Re-WIRE provides an analytical framework to identify risks and opportunities across eight commodity-country chains, including soy and beef in Brazil, and is now being refined with input from businesses, farmers, governments, and civil society.

Nature Handbook for Food & Drink Manufacturers

Date published: October 2025

This handbook from the Food & Drink Federation addresses rising climate risks threatening food security and the sector’s reliance on nature. It guides UK manufacturers in assessing land-based supply chain risks and implementing strategies for resilience. Focused on achieving Nature Positive by 2030, it promotes biodiversity restoration, climate adaptation, and global action through practical steps, case studies, and collaborative frameworks.

Financing Nature podcast is back!

Financing Nature is a podcast from GFI Hive showcasing practical solutions to mobilising private sector finance into the restoration of nature and nature-based solutions for a greener, more resilient and inclusive global economy.
Hosted by the Green Finance Institute’s Helen Avery, each episode features an interview with leading practitioners from finance and the environment discussing solutions happening across the globe to drive private capital into nature.
We also host Special Series such as our COP28 and COP15 episodes with UNEP, and our Farming Toolkit episodes.
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R4N Episode 10: Adam Davis, Ecosystem Investment Partners
In this episode, we dive into the U.S. mitigation banking market as part of our ongoing exploration of compliance models and regulated markets. Helen Avery is joined by Adam Davis, co-founder and managing partner of (EIP), a private equity firm that has raised over $1 billion and restored more than 53,000 acres of wetlands and 260 miles of streams across the U.S. since 2007. Adam shares an in-depth look at what’s actually happening on the ground. He walks us through how EIP set up mitigation banks - from identifying suitable locations to developing and selling credits. Adam also shares key insights into investor appetite, and what’s driving increased interest in nature-based investment opportunities.
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R4N Episode 9: Tim Male, EPIC
In this episode, we’re joined by Tim Male, Founder and Executive Director of the Environmental Policy Innovation Center (EPIC), to dive into U.S. mitigation banking and the broader role of regulatory markets. The U.S. is home to the one of the world’s largest regulatory markets, where billions of private-sector dollars are flowing into nature restoration. In this episode we talk about why these models and markets are essential for getting capital moving towards nature. For listeners who want to learn more about U.S. mitigation banking, check out the R4N Guidebook, co-written with EPIC. It explores how the model was created, the challenges it faces, and key lessons learned along the way.
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