Same Bank on Both Sides: The Charm-JPMorgan Prototype for Carbon Project Finance
JPMorgan's USD 20M debt to Charm Industrial and its 61,500-tonne offtake are the same bank on both sides. That is the prototype for carbon project finance.
The Commodity Core Comes First: What Mountain Hazelnuts Tells Us About Financing Nature-Based Solutions
Mountain Hazelnuts spent seventeen years building the commodity leg before carbon entered the model. That sequence is the underwriting lesson for frontier NbS in the Global South.
The Two 50s: How Asset-Level DFC Guarantees and Outcome-Gated Carry Make Indonesian Agri Debt Underwritable
Blended Finance · Project Finance · 3 August 2026 The Two 50s: How Asset-Level DFC Guarantees and Outcome-Gated Carry Make Indonesian Agri Debt Underwritable ADM Capital’s Asia Climate-smart Landscapes Fund closed last week at USD 48M. The mechanic inside the vehicle is more interesting than the headline. Two structural design choices,
Contracted Durability: Who Pays for Carbon That Sits Decades Past Loan Tenor?
Contracted durability names the tail-liability gap sitting decades beyond loan tenor. Who pays, and when, determines whether project finance for carbon deepens or stalls.
The Missing Template: Why Global South Nature-Based Working-Farm Agroforestry Sits in a US$40 to 80 Million Financing Sandwich
The San Miguel US$81 million capital stack is the template Global South nature-based working-farm agroforestry has been waiting for. Half development-finance, half commercial bank, one facility.
The Offtake as Collateral: How the Carbon VC Contraction Is Reshaping Project Finance
Carbon VC funding fell 61 percent in H1 2026. Signed offtake value hit US$12.25 billion in 2025. Hedge funds, commodity trading firms, and private credit are now underwriting against long-tenor offtake contracts.
The Forward Market and the Delivery Market Are Not the Same
Cumulative CDR forward offtakes have reached 48.5 million tonnes against 2.65 million tonnes of issuances since 2022. The 18x gap is now the pricing question that allocators, buyers, and developers have to sit with.
Indonesia's SRUK: Authorisation Becomes the Ledger Entry
Indonesia's Carbon Unit Registration System, launched under Presidential Regulation 110/2025, moves cross-border authorisation from bilateral treaty to ministerial ledger entry. The read for institutional capital.
Agroforestry Moved from Spot to Term: Why 10-Year Corporate Offtake Makes Working-Farm NbS Project-Financeable
Three tier-1 corporates just signed 10-year offtake on a single agroforestry project. The consequential signal is not demand, it is tenor and bankability.
Opportunities for the development of Carbon Projects in Indonesia
Authored by Erick Kariithi What are the opportunities for the development of carbon projects in Indonesia? This article provides and overview of the opportunities for Carbon Market participation in Indonesia. It gives an overview of the Indonesian carbon market landscape and the current regulatory framework. Indonesia has been involved in
Opportunities of Indonesia in the Global Carbon Markets under Article 6
Indonesia’s Carbon Markets under Article 6 of the Paris Agreement and how it can be strengthened to meet its Net Zero targets. Indonesia’s climate change mitigation pledges Authored by Erick Kariithi Indonesia commits to meet net zero emissions target (NZE) by making a remarkable promise to contribute to
VM00042
By Rishika Reddy The agricultural sector, a significant contributor to greenhouse gas emissions, presents a unique opportunity for climate change mitigation. By adopting improved agricultural land management (ALM) practices, farmers can substantially reduce their carbon footprint and even sequester carbon dioxide in the soil. The VM0042 v2.1 methodology, developed