Sem categoria
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.

SAO PAULO, July 18 (Reuters) – 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.

AXA IM Alts, which has over 185 billion euros ($208 billion) under management, will take a minority stake in the startup to help scale up operations and technology.

Mombak, which is also backed by Bain Capital, will lead projects to reforest over 10,000 hectares of degraded pastureland, generating up to 6 million carbon credits.

Read more

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 $49 million into reforestation projects in Brazil led by local startup Mombak.
Unprecedented global project is reforesting the Amazon in Brazil
May 15, 2023
Brazilian startup implements a US$ 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
Financing transition to nature-smart economies
November 16, 2022
The panel will discuss investment opportunities in biodiversity finance and innovative business models to promote the protection of biodiversity and ecosystem services. Emphasis will be placed on the potential for the private sector to take a leading position in this transition through targeted investment activities.
Genetics, management and nutrition are key to low carbon animal agriculture
October 20, 2022
Producers from different regions of the country discuss strategies that worked in their properties during the 1st Future of Agribusiness Forum.