bloomberg.com

Indonesia Partners With TPG-Backed Rubicon Carbon for Blue Carbon Credits

TPG Inc. logoTPG Inc.
Sig4.25Sen+4.60Env+5.10Soc+0.80Gov+1.90

Rubicon Carbon, backed by TPG Inc.’s Rise Climate fund, will finance blue carbon carbon-credit projects in Indonesia as the country seeks to accelerate supply and strike trading deals. Indonesia’s government formed a co-investment partnership with Rubicon Carbon that combines public and private capital through a dedicated vehicle, announced by the marine affairs minister.

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