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Ponterra partners with Arbor Day Foundation to expand reforestation in Mexico
Summary
Ponterra announced a project finance loan and partnership with the Arbor Day Foundation to support La Esperanza, a large afforestation, reforestation, and revegetation project in Mexico; the initial 10,000-hectare phase will plant more than 6 million native trees.
Content
Ponterra announced a new project finance loan and partnership with the Arbor Day Foundation to support its La Esperanza reforestation project in Mexico. The loan was provided by the Arbor Day Impact Fund and is intended to support early-stage operations. La Esperanza is designed to restore degraded agricultural and idle lands into biodiverse native forest and is planned to scale to more than 100,000 hectares. The initial phase covers 10,000 hectares and focuses on native-species restoration.
Key details:
- The Arbor Day Impact Fund provided one of its first project finance investments to support early-stage operations at La Esperanza.
- The initial 10,000-hectare phase will plant more than 6 million trees from over 50 native species.
- The project is expected to create over 200 formal jobs and is forecast to deliver about $160 million in community benefits over the next 40 years.
- The partnership enables the Arbor Day Foundation and its corporate partners to claim tree planting rights from La Esperanza and gives corporates access to offtake and upfront financing tied to project activities.
- Ponterra is a developer of biodiversity-rich reforestation projects and has recently announced a biodiversity credit-backed loan from Fondo Nimbus and participation in Verra's SD VISta Nature Credit pilot program.
Summary:
The loan and partnership bring early-stage capital and market access to La Esperanza, linking reforestation finance with claims and offtake opportunities for corporate partners. The project combines carbon, biodiversity, and community objectives as it scales, with early operations supported by the Arbor Day Impact Fund and availability to Arbor Day's network for offtake and financing.
