AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure. Whilst this is ongoing, we will continue to operate two seperate websites both branded BNPP AM. Learn more. 

Adam Gibbon

Natural Capital Lead*
BNP Paribas Asset Management Alts

Adam has spent his career designing and implementing financial solutions to climate change and biodiversity loss. He is a recognised industry leader on the topic of carbon credits from the land use space. Adam joined AXA IM Alts1 in April 2022. Since 2013 Adam has been advising AXA on natural capital investments. AXA was an LP in Mirova Natural Capital’s first fund, the Althelia Climate Fund, and following this, Adam led a private mandate advising AXA on transactions for their Impact Climate and Biodiversity Fund.

Whilst working for leading NGO Rainforest Alliance (2009-2012) he pioneered the development of the REDD+ space, developing the VCS’s Jurisdictional and Nested (JNR) REDD+ standard, auditing over 30 REDD+ projects/methodologies and developing REDD+ and sustainable agriculture projects. At PwC’s Sustainability and Climate Change practice Adam advised some of the UK’s largest companies on their land use/deforestation strategy and helped the Government of Guyana unlock $50 million of performance-based payments from Norway. For eight years, as Chief Technical Officer and Investment Director at Mirova Natural Capital (previously known as Althelia) he helped build one of the world’s foremost natural capital impact investment platforms. Transactions he structured and executed have provided positive returns and significant quantified impact for public and private sector investors.

Adam holds an MSc in Environmental Change and Management from Oxford University and a BSc in Natural science from Durham University. Continuing to drive the industry forward he serves in Verra’s Forest Carbon Innovation Working Group.

  • AXA IM (Alts) later became BNPP AM (Alts) following the acquisition of AXA IM by BNP Paribas in July 2025 and the combination of AXA IM Alts, BNP Paribas AM Private assets and BNP Paribas REIM.

    Important notice

    *Titles not necessarily representative of legal positions. There is no assurance that any particular individual will be involved in the management of the portfolio for any given period of time, if at all. We do not guarantee the fact that staff remain employed by BNPP Asset Management Group and exercise or continue to exercise in BNPP Asset Management Group. 

    AXA IM and BNPP AM are progressively merging

    AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure

    AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.