Timberland

Mombak’s Amazon Reforestation Fund has sold 30% of its 10-year projected output at a price point bettered only by the EU’s emissions trading scheme.

Limited awareness of what is meant by natural capital and a fluid carbon credits regulatory landscape are among the difficulties in steering money towards the fledgling strategy, says Olly Hughes of Gresham House.

The fund received a $30m commitment from CPP Investments in August and will create high-integrity carbon credits by permanently and legally preserving all of its reforested trees in the Amazon.

The amount of Australian farmland in foreign hands fell by 10% in the year to June 30, 2022, according to the latest set of government figures.

US undersecretary says $3bn Climate Smart Commodities program can think beyond cap and trade and work creatively to scale agtech alongside farm and land managers.

Director of real estate Tim Schlitzer says climate-driven purchases have produced a 'mismatch' with appraisers that contributed to underperformance relative to NCREIF’s timber benchmark.

New Forests Asia’s Tropical Asia Forest Fund II had raised $120m against a $300m target prior to the commitments.

Asset managers New Forests, Gresham House, Dasos Capital and Rayonier are among 10 firms that have founded the ISFC to help shape frameworks and policies affecting the nascent natural capital asset class.

Despite the segment’s leading contribution, it experienced a near 10% decline on H1 2022 figures while NBS removals credits account for less than one third of its total.

Eastwood Forests’ first fundraise has shown how powerful the carbon story around timberland investments has become, including with Japanese LPs.