Mercuria to invest $500mn in nature-based projects
Commodities trader aims to generate carbon credits for use in voluntary and compliance markets via new investment vehicle
Commodities trading company Mercuria has set out plans to invest $500mn in multiple nature-based climate projects to tap growing global demand for carbon credits. The investments, which will be made via a newly created vehicle called Silvania, will aim to generate high-quality carbon credits for use in both voluntary and compliance carbon markets, as well as in Mercuria’s efforts to offset its own emissions. "This initiative will act as a catalyst to drive large-scale investment in nature by funding a variety of project types,” says Marco Dunand, CEO of Mercuria. “Achieving the large-scale restoration and conservation outcomes we aim to target requires capital and expertise, which we are pe
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