WSJ ProNov. 3, 2025 5:30 am ET
A U.S. carbon-credit marketing company, a French bank and corporate buyers are looking to invest more than $200 million to support forest-conservation projects throughout the Amazon led by indigenous communities.
New York-based marketer Everland has attracted letters of intent worth $160 million to support the forestry projects, it announced on Saturday. The offers are backed by a $50 million outcome bond from BNP Paribas that will provide upfront funding to up to 20 projects looking to get under way.
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