Firm to pitch $150 million Treenewable Climate Fund in GLF Dragons’ Den
- Impact Area
An investment company managing almost $5 billion in land assets will make a $150 million pitch to venture capitalists and policymakers at a sustainable investment symposium in Washington this month in a bid to secure business financing and partnerships.
The International Woodland Company (IWC), which manages more than 4 million hectares, hopes to find financial backing for its 15-year Treenewable Climate Fund. The fund will invest in early forest value chain projects throughout sub-Saharan Africa, a region where 65 percent of land is degraded and 3 million hectares of forests are lost each year.
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