Midori Climate Partner has completed its pre-seed round, led by Tokio Marine Holdings, to expand biochar carbon \u200bremoval projects across Asia.<\/p>\n
The funding will be used to hire key management talent and accelerate project development, with Midori Climate \u200bPartner initially launching its first biochar project in Cambodia. The company plans to expand ecosystem restoration \u200bprojects including biochar across Asia.<\/p>\n
Tokio Marine Holdings\u2019 investment represents a strategic capital partnership aimed at accelerating market growth \u200band innovation in the carbon credit space.<\/p>\n
Midori Climate Partner Pte. Ltd., a carbon credit developer specializing in ecosystem restoration, has successfully \u200bclosed its pre-seed funding round. The round was led by\u00a0Tokio Marine Holdings (TSE: 8766), the parent company of \u200bJapan\u2019s largest property and casualty insurance group, alongside a collection of individual investors.<\/p>\n
*Tokio Marine Holdings, Inc. invests in Midori Climate Partner Pte. Ltd, through Tokio Marine & Nichido Fire \u200bInsurance Co., Ltd.<\/p>\n
Midori Climate Partner develops ecosystem restoration projects, including biochar soil application, agroforestry \u200bexpansion, and mangrove restoration, with a strong focus on Asia. The pre-seed funding will allow the company to \u200bscale its project pipeline and deliver high-integrity carbon removal credits aligned with global sustainability goals. It is \u200baiming to launch its first project in Cambodia in 2025 to generate more than 10,000 tCO2e of durable CDR. The \u200bprojects will also improve soil health and enhance food sustainability in the region.<\/p>\n
The company is currently hiring key management talent to lead its project development, as well as to expand its \u200bagronomy specialist team in Cambodia to customize its biochar soil application method according to soil conditions \u200band crop types.<\/p>\n
Tokio Marine, a leading global insurance provider with a longstanding commitment to sustainability, recognizes the \u200bstrategic value of this partnership, strengthening cooperation between Midori Climate Partner and Tokio Marine \u200bGroup. The scope of potential collaboration includes co-developing high quality carbon credit projects and \u200binnovating risk solutions for the carbon market.<\/p>\n
\u201cWe are thrilled to welcome Tokio Marine as a strategic investor,\u201d said Ririko Takano, Founder and CEO of Midori \u200bClimate Partner. \u201cThis partnership underscores our initiatives to accelerate climate action in the carbon credit \u200becosystem while leveraging each other\u2019s expertise.<\/p>\n
Midori Climate Partner is a social enterprise dedicated to accelerating the transition to sustainable practices by \u200bproviding technical and financial support to farmers, forest owners, and local communities. Its mission is to generate \u200bhigh-quality carbon credits while promoting ecosystem restoration and economic resilience. Tokio Marine Holdings is the parent company for Tokio Marine Group, a global leader in insurance services with a \u200bstrong commitment to sustainability and climate action. It is the largest property \/ casualty insurance group in Japan \u200bin terms of revenue and employs over 43,000 people in 45 countries worldwide. The Group has a proven track \u200brecord in ecosystem restoration, particularly in mangrove rehabilitation projects worldwide. Through strategic \u200binvestments and innovative solutions, Tokio Marine Group continues to contribute to a more resilient and \u200bsustainable future.
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https:\/\/midori-partner.com\/<\/a><\/p>\nAbout Tokio Marine Holdings<\/h2>\n
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