Terraformation, a forest restoration start-up founded by the former boss of technology company Reddit, is looking to raise $100 million for a fund focused on early-stage projects in developing countries.
The as-yet unnamed fund will blend private, public and concessional capital in a mix of equity and debt, it said, and aims to launch later this year.
In a co-authored report, the partners said grants, guarantees, asset-backed securities, collateralised loan obligations, sustainability-linked credit and green, social and forest bonds could all be used to scale up forest finance.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russian oil trade in disarray over sanctions as prices blast through $100/bblRussian oil trade was in disarray on Tuesday as producers postponed sales, importers rejected Russian ships and buyers worldwide searched elsewhere for needed crude after a raft of sanctions imposed on Moscow over the war in Ukraine.
Read more »
Explainer: Why $100 oil could hurt the energy transition more than it helpsThe surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the global transition from fossil fuels to cleaner energy sources to fight climate change?
Read more »
‘The Batman’ Box Office Projected to Earn Over $100 Million Opening WeekendTo no one's surprise, 'The Batman' is projected to make an obscene amount of money in its opening weekend.
Read more »
Oil closes above $100 a barrel first time since 2014 as Russia’s war worsens supply concernsOil settled at more than $100 a barrel Tuesday for the first time since 2014 as the market worries over the potential loss of Russian supplies.
Read more »
Samsung Galaxy Buds Live fall below the $100 mark for a limited timeIf you're looking for a good pair of noise-canceling earbuds, today's your lucky day!
Read more »
Stocks fall, oil tops $100 a barrel as Ukraine war ragesAsian stock markets have slid and oil prices surged more than $5 per barrel as Russian forces stepped up attacks on Ukrainian cities.
Read more »