Livelihoods Venture

Investors commit capital to a 10-year fund and receive a proportional share of the verified carbon credits and other environmental outcomes generated by the underlying projects. The return is measured in metric tons of CO2 sequestered and broader social-impact metrics, not in financial IRR. Each project baseline and outcome is audited by third-party verifiers to meet international carbon-credit standards.

The investor base consists primarily of large European corporations with carbon-reduction commitments linked to their supply chains or net-zero targets. Confirmed LPs across the firm's funds include Danone, Schneider Electric, Crédit Agricole, Hermès, Michelin, SAP, L'Oréal, and Groupe Caisse des Dépôts. Most participate across successive fund vintages.

Livelihoods Venture funds project development directly over a 10-year period rather than purchasing credits on the spot or secondary markets. Fund investors finance the upfront planting, training, and monitoring costs and receive credits as the ecosystems mature. This model shifts project-execution risk to the fund and provides the corporate investors with a longer-term, more traceable credit supply than broker-mediated spot transactions.

The firm has invested in projects across at least ten countries on three continents. Confirmed geographies include Senegal, India, Kenya, Indonesia, Peru, Madagascar, Bangladesh, and Guatemala. New projects are typically selected based on ecological potential, community governance readiness, and alignment with investor supply chains.

Livelihoods Venture operates as a private investment manager governed by French law, but the investment vehicles themselves are structured to deliver primarily non-financial returns to limited partners. The manager structure enables institutional governance, standardized reporting, and fiduciary oversight that a pure grant-making foundation cannot easily replicate for consortium-backed, multi-country carbon programs.