Silva Capital, the leading carbon investment and asset manager, announced the launch of the Silva Carbon Origin Fund. The fund aims to contribute to high-carbon gains from environmental projects in Australia, with a focus on forestry and sustainable agriculture. The first round of funding was A$80 million (US$53 million) from investors Rio Tinto, BHP and Qantas. Silva Capital plans to raise $250 million.
Silva Capital, a joint venture between Roc Partners and C6 Investment Management, focuses on developing highly integrated carbon reduction projects to create Australian Accredited Units (ACCUs). The Silva Carbon Source Fund invests in agricultural land for high-carbon sequestration projects, deforested areas and at the same time sustains the country’s agricultural productivity. These projects include carbon credits, supporting local communities and promoting habitat restoration and biodiversity conservation.