Asia Pacific > Asset management firm funds $50 mln-biochar project in Indonesia, as marketplace set to emerge

Asset management firm funds $50 mln-biochar project in Indonesia, as marketplace set to emerge

Published 10:53 on February 28, 2024  /  Last updated at 10:53 on February 28, 2024  / Nikita Pandey /  Asia Pacific, International, Nature-based, Other APAC, Voluntary

An Abu Dhabi-based asset management firm has announced its first investment in a biochar-based carbon offset project in Indonesia, which is expected to generate around $50 million worth of credits over the next 10 years, the firm announced Tuesday, as separately a blockchain platform is planning a biochar credit marketplace.
An Abu Dhabi-based asset management firm has announced its first investment in a biochar-based carbon offset project in Indonesia, which is expected to generate around $50 million worth of credits over the next 10 years, the firm announced Tuesday, as separately a blockchain platform is planning a biochar credit marketplace.


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