Linklaters Advises Nestrade on Atlantic Forest Reforestation and Carbon Sequestration Project in Brazil

"Linklaters advised Nestrade S.A. (a Nestlé subsidiary) on a long-term verified emissions removal offtake agreement with re.green for a large-scale Atlantic Forest reforestation and carbon sequestration project in Bahia, Brazil, registered under Verra. The deal establishes a framework for generating and transferring verified carbon credits to support Nestlé's net-zero goals."

Linklaters advised Nestrade S.A., a subsidiary of Nestlé, in the execution of a long-term, verified emissions removal offtake agreement with re.green for a large-scale reforestation and carbon sequestration project in Bahia, Brazil. The agreement establishes a framework for generating and transferring verified carbon credits through a sustainable forest regeneration project registered under Verra’s Verified Carbon Standard. The project is part of the Atlantic Forest Reforestation/Restoration Grouped Project and incorporates adaptive management approaches, biodiversity preservation measures and stakeholder engagement on degraded land areas. The transaction represents a significant step toward supporting Nestlé’s commitment to reach net-zero greenhouse gas emissions by 2050, with an interim target to reduce emissions by 50% by 2030. Linklaters is also advising Nestlé on additional carbon removal initiatives globally to further support its climate objectives. Linklaters represented client(s) Nestrade S.A. (a subsidiary of Nestlé) with a team composed by: Matthew Poulter, São Paulo Corporate Finance Partner; Chris Staples, London Corporate Partner; Kerry Liebenberg, London Climate Finance Counsel; Thomas Lemouche, São Paulo Senior Associate.

Linklaters Advises Nestrade on Atlantic Forest Reforestation and Carbon Sequestration Project in Brazil

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