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GREENBIZ - June 13, 2024
Inside Microsoft’s Panama tropical forest carbon offtake deal
GREENBIZ - June 13, 2024
Inside Microsoft’s Panama tropical forest carbon offtake deal

8 months of due diligence and tens of millions in early-stage financing will help restore 10,000 hectares of tropical forest in Panama.

Read more on GreenBiz

BLOOMBERG - June 10, 2024
Wall Street Backers See Breakthrough Moment for Carbon Offsets
BLOOMBERG - June 10, 2024
Wall Street Backers See Breakthrough Moment for Carbon Offsets

Investors in carbon credits have withstood greenwashing scandals and sagging prices. Now there are finally signs of a turnaround.

Read more on Bloomberg

REUTERS - May 22, 2024
Microsoft backs tree-planting carbon removal scheme in Panama
REUTERS - May 22, 2024
Microsoft backs tree-planting carbon removal scheme in Panama

Microsoft Corp has struck a deal to buy 1.6 million carbon removal credits from what the developers say is one of the largest fully financed nature-based removals projects in Central America.

The 10,000 hectare project in Panama is part-financed by Microsoft, which is one of the largest corporate buyers of credits, and aims to remove 3.2 million tonnes of carbon from the atmosphere by planting over 6 million trees in areas degraded by cattle ranching.

Read more on Reuters

FINANCIAL TIMES - May 20, 2024
Making sense of the ‘green grabbing’ debate
FINANCIAL TIMES - May 20, 2024
Making sense of the ‘green grabbing’ debate

A lot of farmers want to get out of this [cattle] business, and this becomes a really attractive way for them to shift,” said Celia Francis, chief executive of Ponterra, which will on Wednesday announce a 30-year contract with three institutional buyers for carbon credits from its first reforestation project. “We’ve made a decision to lease the land, which means that the farmers continue to be stewards of the land,” Francis added.

Read more on Financial Times

THE CLIMATE RACE - February 26, 2024
Ponterra: pioneering a new model for nature restoration
THE CLIMATE RACE - February 26, 2024
Ponterra: pioneering a new model for nature restoration

It’s clear that Ponterra’s work goes beyond environmental restoration—it’s about setting a precedent for how we value and interact with our planet. Through collaboration, innovation, and a commitment to both local and global benefits, Ponterra is charting a path toward a sustainable future that honours the planet and its people.

Read more on The Climate Race