Investment strategy
Compliance-grade projects. Disciplined execution.
AGCF invests across developed and emerging markets while balancing exposure — guided by three principles.
Compliance eligibility
Focus on projects eligible under recognised compliance schemes — Article 6 mechanisms (ITMOs), CORSIA, emissions trading systems and carbon tax regimes — where demand is anchored in regulation rather than sentiment.
Portfolio diversification
Allocation across project types, geographies and technologies — blending nature-based and technology-based solutions to reduce concentration risk and access multiple pockets of demand.
Downside protection
Capital is deployed into project implementation only once contractual offtake agreements are in place with credible buyers: top-tier corporations, financial institutions, sovereign nations and professional investors.
Investment funnel
From project scouting to offset generation
Internal deal assessment is conducted with capital spent at minimal levels until conviction is established.
Project selection
Sourcing and screening of large-scale, scalable projects with high quality and strong alignment with the UN Sustainable Development Goals.
Feasibility & risk assessment
Structured evaluation of project feasibility, delivery risk, counterparty quality and market demand from corporations or governments.
Pre-contractual engagement
Confidentiality and memorandum-of-understanding stage, defining commercial terms before any binding commitment.
Due diligence
Technical, financial and legal due diligence conducted with independent advisers.
Investment committee
Independent governance and institutional oversight of every investment decision, within the fund’s regulated framework of AIFM, depositary bank, administrator and auditor.
Monitoring & verification
Continuous KPI monitoring post-investment, with independent validation and verification of carbon outcomes.
Investment criteria
What every project must demonstrate
Scale and quality
Large-scale, scalable projects with high integrity and strong alignment with the Sustainable Development Goals.
Community inclusion
Projects must be community-inclusive and deliver tangible local benefits alongside climate outcomes.
Identified demand
Demonstrated market demand from corporations or governments before capital is committed to implementation.
Contracted offtake
Long-term forward sale contracts with well-established corporate and sovereign counterparties, minimising reliance on spot sales.
Portfolio fit
Compatibility with the fund’s risk tolerance, diversification strategy and overall portfolio management approach.
Exit alignment
A clear path consistent with the fund’s defined exit strategies and expected time horizon.
Exit strategies
Multiple paths to realisation
Sale
Sale of the fund’s equity stake in a project to another investor, a strategic buyer, or a company expanding its carbon credit portfolio.
Divestment
Partial or full divestment to unlock capital, reduce risk exposure, or re-invest in other opportunities.
Merger or acquisition
Where a project offers strategic value to another organisation, an M&A transaction can provide liquidity and synergies.
Continued ownership
Retaining ownership where long-term prospects remain strong and continued credit generation serves the portfolio.