Although methane only stays in the atmosphere for roughly 12 years while carbon dioxide hangs around for up to 1,000 years, it is 25 times more potent and must also be priced.
The firm will pursue a growth equity strategy in North America and has taken commitments from the Canada Life Assurance Company and BMO Capital Partners.
The greenhouse grower uses hydroponic technology to grow leafy greens and wants to make its produce accessible to more than half the US population by 2026.
The investment platform will pursue US assets worth between $2m and $20m as it provides a forestry investment access point to accredited individual investors.
Taking into account emissions from transportation, post-harvest production, on-farm activity and inputs, the company says its rice will still be carbon neutral.
The non-profit’s joint report with the Accountability Framework initiative shows that only 2.8% of 675 surveyed companies target sourcing 100% no-deforestation commodities.