Eurazeo announced on Thursday the launch of an impact fund dedicated to environmental issues and inspired by the 'planetary limits' concept established by an international team of researchers.

Conceived in 2009 by the Stockholm Resilience Centre (SRC), the nine planetary limits concept is designed to measure the impact of human activities on the planetary ecosystem.

These vital processes, such as climate change, biodiversity loss and land-use change, are expected to determine the resilience and stability of the Earth system.

The private equity group specifies that the fund, named 'Eurazeo Planetary Boundaries Fund (EPBF)', will have a target amount of at least 750 million euros.

It plans to invest primarily in European SMEs in sectors such as agriculture and food, waste and packaging, water management, low-carbon energies and transportation services.

Eurazeo plans to work with a committee of experts to provide strategic guidance and impact-oriented advice.

This body will include Hans Bruyninckx, former Director of the European Environment Agency, Laurent Gilbert, former Director of Sustainable Innovation at L'Oréal, and Pia Heidenmark Cook, former Head of Sustainable Development at Ikea.

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