The Clean Energy Finance Corporation (CEFC) and La Caisse (formerly CDPQ) have launched Meldora, a $250 million agricultural and carbon platform managed by Gunn Agri Partners. The initiative seeks to generate high-quality Australian Carbon Credit Units (ACCUs) through sustainable agricultural practices and large-scale environmental plantings.

La Caisse contributed $200 million and the CEFC $50 million, while Rio Tinto joins as a long-term offtaker of part of the carbon credits generated. Meldora has already acquired its first asset: a farm of more than 15,000 hectares in Queensland dedicated to field crops and irrigation.

The model integrates sustainable agricultural production, native vegetation restoration, and carbon credit generation, with economic, environmental, and biodiversity benefits. The investment reflects the growing global interest in climate-smart agriculture and nature-based solutions as a tool for achieving a net-zero economy.

Source and Credits to CEFC

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