CPE News (7/02/2021) – TreesofLives has held an initial close for the first of two impact investment funds that promote the development of a green economy based on sustainable and durable activities.
Viridis Terra International launched TreesofLive funds in February 2021.
Operating on a global scale, notably in Canada, Haiti, Peru, and Burkina Faso, Viridis Terra International is an organization specializing in ecosystem restoration and
sustainable management to fight global problems caused by land degradation and climate change.
The funds will be used to finance restoration projects for degraded land in Latin America, with Peru serving as the starting point as it is the location of Viridis Terra International’s subsidiary and a number of its strategic partnerships.
Led by GP Martin Beaudoin Nadeau, TreesofLives first investment fund aims to raise up to $50 million in committed capital.
BCF LLP acts as legal counsel to TreesofLives fund.
photo credit: TreesofLives