La Caisse, CEFC Launch $165 Million Sustainable Agriculture Carbon Credit Platform

Canadian institutional investor, La Caisse (formerly CDPQ) and Australia’s specialist climate investor Clean Energy Finance Corporation (CEFC) announced today the launch of Meldora, a new carbon credit-generating sustainable agriculture platform.

The new platform is being launched with a AUD$250 million (USD$165 million) investment, including $200 million from La Caisse and $50 million from CEFC, as well as long-term agreement with Rio Tinto as a foundation offtaker.

According to La Caisse, the new platform aims to generate high-quality Australian carbon credit units (ACCUs) by integratin…

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