Seattle, WA, July 15, 2011 -- Australia’s Macquarie Group has announced that it has raised A$25 million for its range of new forest carbon projects in developing countries, which it is undertaking with the World Bank and Global Forest Partners LP.
Forestry Research Associates (FRA), a research and advisory consultancy, has welcomed the news of the new carbon projects as another major move towards helping reduce deforestation in the world’s poorer nations.