The Climate Trust secures first $5.5 million for US land-based offset fund

Published 20:53 on November 23, 2016  /  Last updated at 20:53 on November 23, 2016  /  Americas, International, New Market Mechanisms, US, Voluntary Market  /  No Comments

US-based non-profit The Climate Trust is ready to start disbursing cash to land-based offset projects after securing $5.5 million from the David and Lucille Packard Foundation, in the first step of what the company hopes can grow into a $500 million global carbon investment vehicle.

US-based non-profit The Climate Trust is ready to start disbursing cash to land-based offset projects after securing $5.5 million from the David and Lucille Packard Foundation, in the first step of what the company hopes can grow into a $500 million global carbon investment vehicle.

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