Rimba Raya resolution boosts Canadian VER investor’s 2023 outlook

Published 19:34 on March 30, 2023  /  Last updated at 22:44 on March 30, 2023  / Joan Pinto /  Americas, Asia Pacific, Canada, Nature-based, Other APAC, Voluntary  /  No Comments

A Toronto-based VER investor is confident the recent validation of the Indonesian Rimba Raya REDD+ project and increasing corporate offset demand will improve its growth prospects this year, the firm said in a financial results call on Thursday, even as it continues to post higher net losses on its books.

A Toronto-based VER investor is confident the recent validation of the Indonesian Rimba Raya REDD+ project and increasing corporate offset demand will improve its growth prospects this year, the firm said in a financial results call on Thursday, even as it continues to post higher net losses on its books.

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