Catona Climate has invested in an Assisted Natural Regeneration (ANR) project in Antioquia, Colombia.
The investment aims to restore over 60,000 hectares of degraded land and sequester an estimated 18 million tons of carbon dioxide equivalent (CO2e) The project is expected to sequester more than 400 tons of CO2e per hectare over 40 years.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.