Kijani Forestry - Rubicon Carbon and Microsoft offtake

Terms

Not ranked

Offtake, therefore not eligible for carbon financing league table

Announced

14 Jan 2026

Instrument

Offtake

Amount

2,000,000 tCO2eNo cash value disclosed

Source

rubiconcarbon.com

Parties

Project developer

Kijani Forestry

Country

Uganda

Buyers

• Rubicon Carbon
• Microsoft

Carbon

Pathway

Afforestation / reforestation

Project type as recorded

Afforestation and reforestation

What happened

Rubicon Carbon supplies Microsoft with two million tonnes of carbon removal credits from the Kijani Forestry project in Uganda. Rubicon's release states it is providing long-term capital to the project, but gives no amount, no timing and no instrument, so no financing is recorded and the row does not rank. Three parties sit on one contract chain: Kijani generates the credits, Rubicon contracts and supplies them, Microsoft is the end buyer. No contract value or price is disclosed.

Kumo note

A two million tonne supply from a single Ugandan afforestation project, reaching a corporate buyer through an intermediary rather than directly, which is increasingly how African nature-based volume gets to a balance sheet that can contract at that size. Rubicon says it is putting long-term capital into the project alongside the offtake; no amount has been published, so the financing behind this contract is not recorded here.

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