Meeting presents sustainable Brazilian agri-business projects for investors

In 2022, the Responsible Commodities Facility (RCF) initiative run by Traive, in partnership with SIM and OPEA, raised US$ 11M in investments from British chains Tesco, Sainsbury's and Waitrose to support deforestation and DCF-free soy farming in the Brazilian Cerrado. Traive's technology was responsible for leading investors to carry out a transparent analysis of the risk of credit and operation monitoring. Through the stimulus driven by social-environmental criteria, the initiative has a 0% non-compliance rate on the part of the 32 financed farms, who produced 42,400 tons of soy, 27,000 tons of maize and 3,200 tons of cotton, all deforestation-free, preserving 8,541 hectares of forest. This pioneering financing in the country also led to talks with the Brazilian Ministry of Agriculture, and was named the "2022 Initiative of the Year - Green Bonds" by Environmental Finance.

London, 09/06/2023 (informazione.it - comunicati stampa - agricoltura)

In 2022, the Responsible Commodities Facility (RCF) initiative run by Traive, in partnership with SIM and OPEA, raised US$ 11M in investments from British chains Tesco, Sainsbury's and Waitrose to support deforestation and DCF-free soy farming in the Brazilian Cerrado. Traive's technology was responsible for leading investors to carry out a transparent analysis of the risk of credit and operation monitoring. Through the stimulus driven by social-environmental criteria, the initiative has a 0% non-compliance rate on the part of the 32 financed farms, who produced 42,400 tons of soy, 27,000 tons of maize and 3,200 tons of cotton, all deforestation-free, preserving 8,541 hectares of forest. This pioneering financing in the country also led to talks with the Brazilian Ministry of Agriculture, and was named the "2022 Initiative of the Year - Green Bonds" by Environmental Finance.

 
With its head office in the USA and operating in Brazil , Traive is a technology platform that uses Artificial Intelligence and data to develop risk-analysis solutions that cover the entire agricultural credit journey. Connecting retailers, cooperatives and industries to the capital market, allowing access to financial resources, data, scalability and sustainability in their businesses.

 

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