![AXA IM Alts to invest $49 million in reforestation projects AXA IM Alts announces $49 million to invest into Mombak reforestation projects. Photo by Daniel Dan on Unsplash.](https://netzeronewshub.com/wp-content/uploads/2023/08/Photo-by-Daniel-Dan-on-Unsplash-600x400.jpg)
AXA IM Alts to invest $49 million in reforestation projects
AXA IM Alts, an alternative investments company, has announced a $49 million commitment to invest in Mombak reforestation projects. Mombak is a native species carbon removal start-up. The company invested in the Mombak reforestation projects under the natural capital and impact investing strategy. This investment will support the restoration of the Amazon rainforest on pastures…