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First biogas project investment for climate-focused carbon investment fund

September 25, 2017 by Ronjoy Bezbarua

(Source: The Climate Trust) U.S.-based private investment fund Climate Trust Capital, an independent entity of the long-standing mission-driven nonprofit The Climate Trust, has reached agreement on its first carbon investment in the biogas sector—the West-Star North Dairy Biogas Project. Over $862,000 of Climate Trust Capital’s Fund I was invested in a covered lagoon digester that will destroy methane and produce carbon offsets under California’s cap and trade system. Fund I was launched in October 2016, seeded by a $5.5 million Program-Related Investment from the David and Lucile Packard Foundation, and supported by a Conservation Innovation Grant from the USDA’s Natural Resources Conservation Service. Read full article….

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