The latest developments in and around investments attuned to concerns about the environment, society and governance.
Cibus Capital,
a London-based investment advisory firm focused on sustainable
food and agriculture, has launched Cibus Carbon. It is a new
vehicle investing in Australian planted carbon projects.
The fund aims to deliver about 11.25 million Australian Carbon
Credit Units (ACCUs) over a 30-year period, assuming A$300
million ($198 million) is raised in funds, Cibus Capital said in
a statement.
The fund will plant a mix of tree species on carefully chosen
sites.
Cibus Capital said it expects the Australian carbon credit market
will become the worldâs largest by the end of the decade, driven
by strong compliance demand and a growing number of voluntary
buyers. It said the market for ACCUs will grow significantly,
taking net buying demand to reach 44 million in 2030 (from 15
million in 2025).
Cibus Carbon will be managed by a dedicated Australian manager,
Cibus Carbon Investments Pty, led by Damon Petrie and Jeremy
Alun-Jones, and the related-party asset manager, will be led by
Simon Campbell (consultant CEO) and Grant Tranter (consultant
chief scientist).
The fund will plant a mix of tree species on carefully chosen
sites. These sites are selected using a proprietary system that
finds land where the cost of purchase is low compared
with the potential carbon credits it can generate, creating
an attractive investment opportunity in a market that is
difficult for new entrants to access.
“Nature-based mitigation will play a major role in the pathway to
addressing climate change. The Australian carbon credit market,
at the pace of growth and maturity, presents a prime opportunity
to invest in institutional-grade nature-based solutions which we
anticipate will deliver robust returns,â Damon Petrie,
consultant director, Cibus said.
