Africa > Launch of first carbon credit-secured loan to provide working capital for mangrove project

Launch of first carbon credit-secured loan to provide working capital for mangrove project

Published 12:24 on December 21, 2023  /  Last updated at 12:25 on December 21, 2023  / Bryony Collins /  Africa, International, Nature-based, Voluntary

A project developer has made use of carbon forward agreements to secure a fixed-term loan via a lending platform in order to provide working capital for the communities behind a mangrove restoration project in Africa.
A project developer has made use of carbon forward agreements to secure a fixed-term loan via a lending platform in order to provide working capital for the communities behind a mangrove restoration project in Africa.


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