Terra Global secures capital for REDD & L.U. carbon fund

Terra Global Investment Management secures approval for up to $40 million of financing for the world’s first globally diverse community-based REDD and land-use carbon fund. The Terra Bella Fund’s investment strategy is to provide project finance capital to community-based forest and land-use carbon projects in developing countries. This approval for financing is provided by OPIC, as an anchor investment to an expected final fund size of $100 million.   The fund seeks to make...