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.

Brazilian startup implements a US$ 100 million program in Pará to remove carbon from the atmosphere.

Companies are replanting millions of hectares and generating revenue through carbon credit sales.

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

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.

Producers from different regions of the country discuss strategies that worked in their properties during the 1st Future of Agribusiness Forum.