Large-scale reforestation to combat global warming
Green economy: carbon removal project in reforested areas gains support from rural producers
Microsoft signs 8 million carbon credits with BTG, largest deal of its kind
Big tech advances in carbon business in Brazil, with projects in the Amazon, Atlantic Forest and now Cerrado
Turning Brazilian Farmland Back Into Forest Gains Some Traction
Microsoft says it will buy 8 million tons of carbon offsets in a top agro-state to transform farm acreage into forest. The investment comes as credits to protect existing forests have lost credibility
World Bank to issue bond to boost Amazon reforestation
SAO PAULO, June 13 (Reuters) – The World Bank said on Tuesday it will issue a new bond expected to raise some $200 million to support its sustainability activities and reforestation in Brazil’s Amazon, and has chosen HSBC (HSBA.L), opens new tab to structure the transaction.
The principal-protected bond will support the World Bank’s sustainable development activities and provide financing for reforestation projects selected by Brazilian startup Mombak through the foregone coupon payments.
World Bank to issue US$200 million in credit for Amazon reforestation
The bond will provide funding for pro-environmental initiatives selected by Brazilian startup Mombak
World Bank to issue $200 million bond for Amazon reforestation
The bond will finance reforestation initiatives selected by the Brazilian company Mombak, which buys degraded lands from farmers and ranchers
Mombak teams up with World Bank to raise $200 million in debt
Financial institution hired HSBC to attract investors for Brazilian startup projects
World Bank to issue $200 million bond to boost Amazon reforestation
The bond with protected capital will finance reforestation initiatives selected by the Brazilian company Mombak, which buys degraded lands from farmers and ranchers
World Bank to issue bond to boost Amazon reforestation
The World Bank said on Tuesday it will issue a new bond expected to raise some $200 million to support its sustainability activities and reforestation in Brazil’s Amazon, and has chosen HSBC (HSBA.L), opens new tab to structure the transaction
Forest restoration projects are changing degraded areas in 3 Brazilian states
In total, there will be more than 10.7 million seedlings of species native to the Amazon and the Atlantic Forest. They will occupy an area equivalent to 20 thousand football fields.
