Press Release: Sistema.Bio Raises $53 Million to Launch FarmCarbon—An Innovative Funding Vehicle Aimed at Expanding Climate Finance for Smallholder Farmers and Accelerating Methane Mitigation
Sistema.bio, a global leader in biogas technology and climate solutions for smallholder farmers, today announced the financial close and launch of FarmCarbon, a pioneering carbon finance vehicle designed to channel global climate capital directly to farmers. The first US$53 million close of this facility has been led by BNP Paribas Asset Management Alts (BNPP AM Alts), the alternative investments platform of BNP Paribas Asset Management, British International Investment (BII), the UK’s development finance institution and impact investor, and Shell Foundation, an independent charity supporting underserved communities in Africa and Asia to increase incomes while reducing emissions.
Photo courtesy of Sistema.Bio
Source: Sistema.Bio (link opens in a new window)
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- Agriculture, Investing
