One of the world’s biggest orange juice processors is turning to carbon credits to help finance the Brazilian citrus industry’s costly move away from disease-laden orchards.
Citrosuco and Itaú Unibanco, the largest private bank in Latin America, are partnering on a carbon credit program to fund farmers moving from the country’s main citrus belt to the Cerrado region in central Brazil, where a deadly citrus disease has not yet devastated trees.
