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AXA IM Alts announces $49 million to invest into Mombak reforestation projects. Photo by Daniel Dan on Unsplash.

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…

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