AXA fund to invest $49 million in Brazil reforestation projects
An alternative investment vehicle controlled by French insurer AXA (AXAF.PA) said on Tuesday it will inject $49 million into reforestation projects in Brazil led by local startup Mombak.
Unprecedented global project is reforesting the Amazon in Brazil
Brazilian startup implements a US$ 100 million program in Pará to remove carbon from the atmosphere.
Brazil looks to start-ups in battle to reforest the Amazon
Companies are replanting millions of hectares and generating revenue through carbon credit sales.
Carbon Removal Startup, Mombak, Begins $100M Amazon Reforestation Strategy
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
Genetics, management and nutrition are key to low carbon animal agriculture
Producers from different regions of the country discuss strategies that worked in their properties during the 1st Future of Agribusiness Forum.
Mombak wants to generate reforestation carbon credits (and is raising a fund to do so)
Startup founded by former CFO of Nubank wants to remove carbon from the atmosphere by restoring deforested areas — an activity that has not yet been proven on a large scale.
