The partnership will deliver the next generation of sustainable finance products
ANZ has forged a new strategic partnership with Pollination to support the transition to net zero and encourage biodiversity.
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The partnership will focus on the transition needs of the bank’s customers globally in the areas of sustainable finance, project and export finance, carbon markets, and corporate advisory, including mergers and acquisitions.
ANZ’s investment will significantly accelerate Pollination’s growth ambitions and extend the firm’s reach and impact. The deal will also see ANZ gaining a seat on Pollination’s Board.
“We’re pleased to be partnering with a team that has strong climate finance and investment expertise, deep relationships, and commercial momentum,” said Mark Whelan, ANZ group executive institutional. “These credentials, combined with ANZ’s long-standing leadership position in sustainable finance and debt capital markets, will bring significant opportunities for our customers. This partnership also underpins ANZ’s strategy to support customers in the transition to net zero, while helping cement our position as a leading environmental sustainability bank in the region.”
ANZ has a strong track record of delivering innovative sustainable finance products,” said Martijn Wilder, co-founding partner of Pollination. “With a presence in 14 markets across Asia, it has exceptional reach where investment in decarbonisation and nature is both critically important and a huge opportunity. ANZ’s investment unlocks capital to accelerate Pollination’s own investment strategies, and the strategic partnership will deliver the next generation of sustainable finance products, at significant scale throughout Asia Pacific.”
The ANZ investment follows Pollination’s recent SAFE round and is part of its Series B fundraise. The bank was advised by Ashurst and Pollination by Hamilton Locke and BDA Partners.
