The Restoration Seed Capital Facility (RSCF) is pleased to announce that New Forests’ Tropical Asia Forest Fund 2 has successfully closed an investment in Burapha Agro-Forestry (Burapha), a timber plantation forestry company in Laos.
Burapha comprises 6,000 hectares (ha) of planted forest combined with conservation areas, a plywood mill, and a voluntary carbon project focused on plantation afforestation, reforestation, and revegetation (ARR) issuing carbon credits compliant with Verra standards since 2023.
RSCF provided reimbursable grants to assist with project development, enabling New Forests to enhance the environmental and social outcomes of this investment.
New Forests’ investment ensures long-term financing for Laos’ only fully integrated forestry, carbon, and processing asset, safeguarding and expanding the company’s existing environmental and social initiatives. These include full FSC certification, the establishment of conservation and restoration areas that exceed certification requirements.
Additionally, the investment strengthens Burapha’s commitment to local communities and job creation, further reinforcing its positive social impact.
Through its support, the RSCF has accelerated and expanded efforts to bring this opportunity to a successful close while driving significant environmental and social benefits beyond industry norms.
If you are a fund manager or investment adviser interested in enhancing environmental and social impacts, explore how RSCF can support your fund or project development here.
