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Climate Trust Capital invests in dairy biogas project

Climate Finance

The new investment marks the halfway investment point for the $5.5 million fund

PC: Munchies — Vice

The carbon-focused conservation fund invested $1.1 million in a biodigester to break down waste and capture methane on the California dairy farm where it’s located.

It will also produce carbon offsets to sell through California’s cap-and-trade exchange. The biodigester is Climate Trust Capital’s second investment in the biogas sector and marks the halfway investment point for its $5.5 million fund.

The fund, which will be fully committed this year, is also invested in forestry and grasslands projects. Climate Trust Capital’s first fund is backed by the Packard Foundation and USDA.

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