Riparian Capital Partners aims to incentivize more sustainable farming practices in the irrigated farming sector through its green water leases, provided via the Riparian Water Fund.
Breakthrough Energy Ventures, a VC fund founded by Bill Gates, contributed to a $12m second-phase seed round alongside Harvest Road and other investors.
The Chubb Review into the framework surrounding ACCUs has produced 16 recommendations that will help to increase certainty in Australia’s carbon market.
A government-commissioned review into Australia’s carbon crediting framework has backed the scheme as ‘well-designed’ but calls for improvements to transparency and governance.