In 2024, interest in natural capital investments surged, particularly in the UK, driven by the Environment Act 2021 mandating a 10% biodiversity net gain for major developments. Gresham House launched a $380 million fund for habitat banks to generate biodiversity net gain units for developers. Nuveen Natural Capital explored similar markets in Australia. Climate Asset Management raised $1 billion for its natural capital funds, while Mekong Capital introduced a $200 million Earth Regeneration Fund. Significant partnerships, such as Mirova, Temasek, and TPG’s South African restoration project, and Mizuho Bank’s investment in Pollination, highlighted growing investment in natural capital.