CEFC and La Caisse to generate carbon credits for Rio Tinto: Australian and Canadian investors launch A$250m agriculture platform.

The article focuses on the launch of the Meldora platform, a A$250 million agricultural investment jointly funded by Australia's Clean Energy Finance Corporation (CEFC) and Canadian investor La Caisse (formerly CDPQ), aimed at generating high-quality carbon credits for mining company Rio Tinto. Managed by Australian asset manager Gunn Agri Partners, Meldora integrates sustainable agricultural production with large-scale environmental plantings under the Australian Carbon Credit Unit (ACCU) scheme, promoting long-term carbon sequestration and biodiversity benefits. The platform's first acquisition is a 15,000-hectare farm in Central Queensland, combining irrigation, dryland cropping, and native vegetation restoration to support climate-smart agriculture and nature-based climate solutions. This initiative reflects a commitment to sustainable land use, biodiversity enhancement, and the growing market for premium carbon credits in the transition to a low-carbon economy.