EconomyTPG-Backed Firm Seals Blue Carbon Investment Deal With Indonesia
Rubicon Carbon, backed by TPG Inc.’s Rise Climate fund, will provide financing for carbon credit projects in Indonesia. The Southeast Asian nation is seeking to accelerate the supply of carbon credits. It is also pursuing trading agreements with other countries. The deal centers on investment in blue-carbon projects as Indonesia develops its carbon market.
TPG-Backed Firm Seals Blue Carbon Investment Deal With Indonesia
