JOURNAL ARTICLE

Credit Suisse Alumni to Help Fund New Bahamas Carbon Facility.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Duarte, Esteban; White, Natasha 3 of 3

Abstract

The article discusses a boutique private-credit firm, ArtCap Strategies, which has secured a $25 million lending facility to support a new carbon program in the Bahamas. This initiative aims to protect the marine environment and generate carbon credits under Article 6 of the Paris Agreement, with the Bahamas seeking to mobilize up to $1 billion in financing within the next year. The program is expected to produce significant revenues from the sale of blue carbon credits, which focus on the conservation and restoration of seagrass meadows. The firm is led by former Credit Suisse bankers, including Antonio Navarro, Hieu Pham, and Alejandro Jaramillo. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Geography and Cartography
  • Publication Date:2025
  • Accession Number:189527151
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