British Columbia Investment Management Corporation has made its first investment in Brazilian forestry, acquiring a significant minority equity stake in sustainably managed timberland, signaling a strategic expansion into emerging markets.

Target Information

British Columbia Investment Management Corporation (BCI) has established itself as a significant player in the natural capital sector over the past two decades, with a strong emphasis on long-term stewardship and the responsible management of local resources. BCI's investment strategy is centered around forestry and agriculture, which together constitute a vital segment of its infrastructure and renewable resources initiatives.

Having begun its foray into natural capital with forestry investments in 2005, BCI later expanded its focus to agriculture in 2012. Sameer Jinnah, managing director of infrastructure and renewable resources, has been influential in guiding the organization’s strategies, particularly with a more pronounced push into agriculture since 2015. Presently, forestry and agriculture comprise approximately 20% of BCI's infrastructure and renewable resources portfolio, which is approached as part of a comprehensive infrastructure strategy rather than as standalone asset classes.

Industry Overview in Canada

Canada's natural capital sector, encompassing both forestry and agriculture, is uniquely positioned within the framework of global environmental and economic trends. The Canadian forestry in