Terms
- Announced
- 24 Apr 2025
- Instrument
- Debt
- Amount
- UndisclosedReported as undisclosed (US$40m across three projects)
- Source
- mirova.com
Parties
- Project developer
- rePLANET - GANBOS
- Country
- Costa Rica
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Mirova Investor Undisclosed No value disclosed
Carbon
- Pathway
- ARR (afforestation, reforestation, revegetation)
- Project type as recorded
- Reforestation and regenerative cattle grazing across 30,000 hectares, Costa Rica
What happened
- Mirova announced a nature-based carbon investment in GANBOS (Ganaderia y Bosques), a carbon removal project in Costa Rica developed by rePLANET. The project aims to restore 30,000 hectares across Guanacaste South, Guanacaste North, and San Jose and Puntarenas, generating at least 5.2 million carbon credits over 40 years by combining regenerative cattle grazing with large-scale reforestation; local farmers are trained and equipped to adopt the practices. Mirova's release gives US$40m invested across the three projects (Juramento, GANBOS and TERAKA) and does not split it by project, so no value is recorded on this row.
Kumo note
- - Understood to be debt: Mirova's release says only that US$40m was invested across three projects and does not state the instrument. - GANBOS is one of three Mirova nature-based carbon investments announced together (with Juramento and TERAKA); it pairs regenerative cattle grazing with large-scale reforestation, and the amount for this project is not published.
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