date:Aug 09, 2022
e. The capital raised will be used to offer low-interest loans to farmers who comply with its eligibility criteria, and commit to zero deforestation of native vegetation, over and above their legal reserves, preventing negative climate impacts and loss of habitat. The operation was coordinated by Sustainable Investment Management (SIM) working with Opea, through Planeta Securitizadora, and Traive in Brazil.
Pedro Moura Costa, SIM CEO, explains why the programme is needed and its intended impact