Environmental and Solidarity Revolution Fund

The Environmental and Solidarity Revolution Fund is an impact fund managed by Crédit Mutuel Impact. Launched in January 2023 and financed entirely by Crédit Mutuel Alliance Fédérale's Societal Dividend, the fund carries no financial return objective and is guided solely by environmental and social value creation. It invests directly or indirectly in unlisted companies undertaking infrastructure, real estate, venture capital, or development capital projects, primarily within the European Economic Area (France, Belgium, Luxembourg, Switzerland, Germany). Its portfolio is organized around six ecological planning themes: mobility, housing, agriculture/food, consumption, industrial decarbonization, and biodiversity/ecosystem preservation. The fund targets companies at any stage of development (R&D, prototype, scale-up) and committed €363 million in its first year (2023); its target allocation is €1.5 billion by 2027. Crédit Mutuel Impact's total AUM stood at €1.39 billion as of end-December 2025.