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BioCarbon

Sector: Government • Location: Indonesia

Source: International Finance Corporation (IFC)

Project
Completed

BioCarbon Group Pte. Limited (“BioCarbon”, the “Company”), registered in Singapore, has been established to invest in Avoided Deforestation (AD) projects in emerging markets. These projects will conserve forests from being converted into other forms of land-use and generate carbon credits – the sale of which will be the main source of income for the Project. BioCarbon is in the process of raising

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The project “BioCarbon” is an infrastructure initiative in the Government sector, located in Indonesia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

BioCarbon Group Pte. Limited (“BioCarbon”, the “Company”), registered in Singapore, has been established to invest in Avoided Deforestation (AD) projects in emerging markets. These projects will conserve forests from being converted into other forms of land-use and generate carbon credits – the sale of which will be the main source of income for the Project. BioCarbon is in the process of raising circa US$25 million of new capital. The proceeds will be used for (i) pre-development work in the identified sites for AD work; (ii) investment in concessions in Indonesia to be undertaken over the course of next 12-18 months, (iii) next two year development costs for projects in Indonesia and (iv) development of a pipeline of AD projects outside Indonesia.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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