Australia

The Ghana Green Guard USD$25 billion climate futures initiative is a public-private collaborative partnership that will generate over 305 million carbon credits across 12 million hectares with projects based on reforestation, regenerative agriculture and other activities.

Al Gore-backed private equity firm Just Climate has secured its first round of funding from two major global investors to begin investing in solutions aimed at reducing agricultural emissions.

The Utah-based Mormon Church has added a large-scale dryland cropping operation in the renowned Golden Triangle region of northern New South Wales to its growing Australian agricultural portfolio.

A global commodities trader and carbon player, part-owned by funds giant Brookfield, is quitting a 450,000-hectare Northern Territory cattle station where it hoped to set up an offset scheme, amid confusion and delays over new carbon rules.

The famed Consolidated Pastoral Company, now owned by English financier Guy Hands, has bought Australia’s biggest sheep station Rawlinna after it was put on the block when tycoon Andrew Forrest last year dumped plans to buy it for a renewable energy project.

Australia-based Costa Group has launched a new blueberry farming project on the Bolaven Plateau in Laos, starting with 17 hectares of crops at Paksong.

Australian agricultural asset manager Warakirri has announced it is targeting a $500m-plus expansion into the dairy farming sector via a new trans-Tasman investment fund.

The Warakirri Diversified Agriculture Fund invests in agricultural assets on behalf of Australian, Canadian and European pension funds, as well as high net-worth individuals and private family offices.

Japan's No.2 crude oil refiner, Idemitsu Kosan, will begin a trial plantation of the non-edible oilseed tree crop Pongamia in Australia to assess its potential as a feedstock for aviation fuel, in cooperation with the US company Terviva.

FPG owns and operates approximately 1,200ha of premium farmland across Australia where it grows table grapes, citrus, and berries.

Agriculture & Natural Solutions Acquisition is a Nasdaq-listed SPAQ that recently acquired 200,000 ha of farmland in Australia through a business combination with Australian Food & Agriculture Company Limited.

Findings from the Federal Government’s latest annual Foreign Ownership of Agricultural Land Register released last week show the total area of ag land with a level of offshore ownership has fallen just 0.3 percent from 47.7 million hectares to 47.56m ha last year.