June 4, 2024

By Lynda Kiernan-Stone, Global AgInvesting Media

Rubicon Carbon, a vertically integrated carbon credit management firm, and YvY Capital, a leading Brazilian asset management firm targeting a transition to the green economy, have announced a partnership for the purpose of scaling up carbon investments in Brazil. 

Carbon markets have the potential to be a powerful tool for decarbonizing Brazil by providing financial incentives for emission reductions, supporting renewable energy and sustainable land use, enhancing agricultural practices, promoting technology transfer, and integrating with global markets. 

These particular partners are well suited to working together toward this goal. 

~ Backed by TPG Rise Climate, Rubicon Carbon is led by top executives from the finance, technology, and climate science industries delivering innovative carbon credit solutions to global business and unlocking decarbonization at scale. 

~ And based in Brazil, YvY Capital is a regenerative investment firm founded by a group of senior executives with backgrounds in finance, environmental matters, government/public policy, diplomacy, and international trade with a common mission to accelerate and scale the transition to a green economy. 

This partnership will focus on identifying, developing, financing, and executing investments that facilitate the generation of high-quality carbon credits, marking a significant milestone toward a low-carbon future by catalyzing the growth of carbon markets in Brazil.

Commenting on the ventures, YvY Capital stated that it shares Rubicon Carbon’s dedication to sustainability and views this collaboration as a strategic advancement for Brazil’s climate resilience and biodiversity conservation efforts. 

The Amazon Rainforest accounts for approximately 10 percent of the world’s biodiversity and plays a critical role in regulating the global climate. Taking this and Latin America’s other vast swaths of rainforests into consideration, the region represents critical geographies for carbon markets. 

“We see Brazil and Latin America as critical regions in the fight against climate change. We are excited to join forces with YvY Capital to accelerate the development of carbon markets in Brazil,” said Tom Montag, CEO, Rubicon Carbon. “Through this collaboration, we aim to unlock opportunities that deliver both environmental and financial value.”

The partnership between Rubicon Carbon and YvY Capital will cover a wide range of activities including exploring both nature-based solutions (NBS) and non-NBS carbon solutions. Together, each party will leverage their expertise and resources to drive innovation and efficiency in carbon markets, and thereby contributing to global climate action efforts. 

“Our Partnership with Rubicon aligns with our mission to accelerate and scale the transition to the Green Economy,” said Gustavo Montezano, CEO of YvY Capital and former CEO of the Brazilian Development Bank (BNDES). “Together, we will work towards deploying capital into projects that mitigate climate change and support local communities and ecosystems.”

~ Lynda Kiernan-Stone is editor in chief with GAI Media, and is managing editor and daily contributor for Global AgInvesting’s AgInvesting Weekly News and Agtech Intel News. She can be reached at lkiernan-stone@globalaginvesting.com.

*The content put forth by Global AgInvesting News and its parent company HighQuest Partners is intended to be used and must be used for informational purposes only. All information or other material herein is not to be construed as legal, tax, investment, financial, or other advice. Global AgInvesting and HighQuest Partners are not a fiduciary in any manner, and the reader assumes the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on this site.