Portobello Carbono Verde at the Global Carbon Markets Conference of S&P Global Commodity Insights in París
Last week we had the opportunity to present our reforestation project at the 2023 Carbon Markets Conference organized S&P Global Commodity Insights in Paris.
It was a remarkable industry event where we were able to discuss the latest trends in Carbon Markets, to learn about new exciting projects in the market and to exchange views with other stakeholders in the industry.
Thank you very much S&P Global Commodity Insights for the impeccable organization of the event and for the invitation!
At the conference, Portobello Capital (represented by Joan Llansó Caldentey), Fundación Repsol (represented by Javier Torres Perez) and Grupo SYLVESTRIS (represented by Jaime de Rábago) were able to present our project Motor Verde and our pioneer reforestation fund, Portobello Carbono Verde SCR.
The three sponsors of this unique project were able to talk about the inception of such a pioneer model, about how we have scaled the project in the last year and about our ambitious goals for the future.
“Portobello Carbono Verde is the first reforestation fund of its kind in Europe. It is a unique investment vehicle structured to develop large-scale reforestation projects in Spain and Portugal. The fund was launched in 2022, with a total reforestation goal of up to 25,000 hectares and a carbon sequestration potential of up to 6 million tons of CO2. Through this project we are driving a triple impact in the regions where we operate: (1) environmental, through the restoration of biodiversity in the area, (2) economic, through the injection of economic activity, and (3) social, throughfostering vulnerable employment in depressed areas.” – Joan Llansó Caldentey, Investment Director at Portobello Capital.