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AXA fund to invest $49 million in Brazil reforestation projects
July 27, 2023
An alternative investment vehicle controlled by French insurer AXA (AXAF.PA) said on Tuesday it will inject $49 million into reforestation projects in Brazil led by local startup Mombak.

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Unprecedented global project is reforesting the Amazon in Brazil
May 15, 2023
Brazilian startup implements a US$ 100 million program in Pará to remove carbon from the atmosphere.
Brazil looks to start-ups in battle to reforest the Amazon
April 10, 2023
Companies are replanting millions of hectares and generating revenue through carbon credit sales.
Carbon Removal Startup, Mombak, Begins $100M Amazon Reforestation Strategy
December 15, 2022
New venture, with Conservation International as an impact adviser, will help boost supply of high-quality carbon removal credits while creating social, economic, and environmental value