This Week In Forest Finance, May 22
Re.green lands $14M, UNDP boosts green startups in PH, DFC backs Nigeria SMEs, Base Carbon bets on India trees, ASEAN-UK opens NbS bids.

Re.green Lands Fresh Funding for Brazil’s Forest Comeback
Brazilian startup re.green just scored R$80M ($14.1M USD) from BNDES, with Bradesco stepping in as the financial go-between. The move marks another major deal under Brazil’s “New Climate Fund,” following Mombak’s earlier windfall. With Microsoft already in their corner and support from Brazilian billionaires, re.green’s model—restoring degraded Amazon and Atlantic forest land into carbon credits—is gaining traction. CEO Thiago Picolo says this is all about “de-risking” a market still seen as shaky by many investors.
💬 Can institutional finance finally normalize reforestation as a mainstream climate asset?
👉👉 Read more in Reuters
NatureNest Accelerator Sprouts to Boost Grassroots Green Biz in the Philippines
Canada and UNDP are backing a new push to turn nature-based solutions (NbS) into real-deal businesses with the launch of the NatureNest Accelerator—a six-month program aimed at scaling ten local nature-based enterprises (NbEs) across the Philippines. With help from Villgro Philippines, the program offers training in business, climate resilience, gender equality, and access to financing—all with the goal of turning community-level green ideas into scalable, climate-friendly ventures. From plastic-free indigenous products to mangrove reforestation, the featured projects highlight the economic and environmental punch of local innovation. The NatureNest team isn’t just dreaming of greener futures—it’s building a pipeline for private finance to get in on the action.
🌿 Will these small green businesses become the climate champions of tomorrow?
👉👉 Read more at UNDP
Nigeria and Friends Get a Slice of DFC’s $3B Global Development Pie
In its latest “money meets mission” moment, the U.S. International Development Finance Corporation (DFC) just greenlit nearly $3 billion in development deals—and Nigeria is front and center. Among 22 global projects, Nigeria scores with a $20 million loan to Loinette Capital to fuel SME access to agri-infrastructure equipment. Add a $15 million boost to Incofin cvso for women-led farms, and it’s shaping up to be a good season for smallholder resilience. Climate’s in the mix too: $35 million is going to the Lendable Decarbonization Fund for early-stage green innovators. And with a cool $100 million loan to FCC Securities (via Frontclear), emerging market liquidity is getting a much-needed lifeline. Bonus points: Kenya’s Ilara Health and a DRC reforestation project are also cashing in. Oh, and $325 million in political risk insurance for Ukraine grain infrastructure? That’s DFC’s global chess game for food security and geopolitics.
🌍 Is impact investing the new foreign policy flex?
👉👉 Read more at ThisDay Live
Base Carbon’s ARR Project Aims to Turn India’s Farmlands Into Forest Gold
Base Carbon is betting big on trees in India, with its Afforestation, Reforestation, and Revegetation (ARR) project expected to crank out over 1.6 million carbon credits over 20 years. With 6.5 million trees already in the ground—think guava, citrus, and mahua—this agroforestry play blends carbon capture with farmer resilience. The project’s first credits are due in late 2025, just in time to meet rising demand from big buyers like Symbiosis Coalition and Watershed. Total investment? A cool $13.6M, with Verra registration on the horizon.
💬 Is this the ARR reforestation remix carbon markets have been waiting for?
👉👉 Read more in GlobeNewswire
Lebanon and UNOPS Team Up for Forest Fire Defense—and Reforestation
In a major move to curb wildfire chaos and nurse Lebanon’s forest landscapes back to health, UNOPS and the Ministry of Environment just inked a $3.48M deal under a World Bank-backed wildfire management project. This initiative includes everything from early-warning tech and joint operations centers to reforestation and post-fire restoration. Expect tree planting, slope stabilization, and biodiversity plans—all with a climate resilience twist. Bonus: the effort also lays the groundwork for a nationwide hazard alert system.
💬 Can Lebanon turn its fire-prone forests into a climate adaptation success story?
👉👉 Read more from UNOPS
ASEAN-UK Green Fund Opens Bids for Nature-Based Climate Solutions
The ASEAN-UK Green Transition Fund (GTF) is now accepting proposals under its newest pillar focused on nature-based solutions (NbS) for climate mitigation. The fund is calling on consortia of NGOs, think tanks, universities, and consultants (sorry, no governments) to pitch projects aligned with ASEAN’s green goals—think cross-border NbS policies, monitoring and financing tools, and nature-positive business models. The deadline? July 3, 2025.
💬 Got a plan to turn mangroves, forests, or peatlands into climate heroes?
👉👉 Apply now via UKPACT

Edited by Chris Harris
This work is licensed under a
Creative Commons Attribution 4.0 International License.