Grow Green
Transforming Business Finance with The Local Biochar Company and Carbonia Green Bond
Carbonia is the first biochar production initiative from biomass in the UAE, with the potential to implement up to 50 projects throughout the country. The first Carbonia project is currently underway at Camelicious camel farm, a large camel dairy production facility with over 8,500 Milking Camels in Dubai.
The Carbonia Green Bond is a Secured Green Standard Bond, which is structured as a senior secured and limited recourse debt obligation ranking pari passu without any preferences amongst themselves against 100% of the shares of Ironwood LTD.
The Carbonia Green Bond is aligned with the Green Bond Principles of the International Capital Markets Association and its proceeds including cash flows will be diligently tracked by and transparently reported to Sustainalytics annually.
The Carbonia Green Bond is issued by PSI Sustainable SA in full compliance with the Luxemburg securitization law of 2004 and aligned with the latest version of the Green Bond Principles and the Green Loan Principles.