50 Investible Opportunities for a New Nature Economy Supplementary Appendix 2026

43 Agrivoltaics is an innovative approach which combines agricultural production with solar energy generation by installing solar panels on agricultural land – Maximizes land productivity : Agrivoltaics enables dual land use, combining agricultural production with solar energy generation to optimize land efficiency and reduce new land use. – Promotes soil health: Creates microclimate beneficial to crops, including maintaining soil moisture and reduced chemical run - off. Archetype Scalable Nature impact Transformative impact Suitability of financing and de - risking instruments Technological/ process maturity Capital intensity Scalability Bonds Loans Equity Other De - risking Commercial bonds Thematic bonds Sustainability - linked bonds Impact bonds Commercial loans Thematic loans / project finance Sustainability - linked loans Impact loans Commercial equity Private equity Venture capital Impact equity Blended finance Insurance Advanced market commitments Legend: Low High Low suitability High suitability Payments for ecosystem services Land ecosystem Ocean ecosystem Freshwater use Resource use Pollution Co - benefits Climate Social ✓ – Demonstrated success in pilots : Technologies still being refined and validated across diverse agricultural systems. – High capital costs: Installation of solar panels requires significant upfront capital for equipment, infrastructure and installation. – Financing suitability characteristics: Renewable energy companies developing agrivoltaics projects or capabilities are well suited to using project finance and equity co - investment or joint ventures to support expansion and project builds. Sustainability - linked loans or bonds could tie terms to verified operational outcomes (e.g. power generation or resource efficiency). Embedding insurance cover (e.g. parametric cover for weather or performance) could further de - risk cashflows.– Supports expansion and reduced costs: Partnerships with land owners can enable capacity expansion. Leasing costs likely reduced given dual land use and can replace dedicated land acquisitions by renewable energy providers. Negative impact Positive impact Financing target Renewable energy providers Agri, Food & Forestry Chemicals, Plastics & Pharma Construction Materials Energy Mining Technology Transportation & Logistics Cross - sectoral Automotive Fashion & Textiles Leisure Waste Management Metals & Steel Conditions Limited agricultural land use conversion Financial impact Revenue increase✓ Opex reduction✓ Capex reduction✓ Agrivoltaics FINANCING THE NATURE - POSITIVE TRANSITION