Green Loan – Rabobank and NZ Carbon Farming
20 April 2021
Buddle Findlay advised Rabobank as lender and sustainability coordinator in relation to the green term loan facility provided to NZ Carbon Farming Group - the largest provider of carbon credits in Australasia.
The green loan is Rabobank's first green loan in New Zealand and has been made available to NZ Carbon Farming Group for the acquisition of land and the establishment of forestry for the purposes of sequestration of atmospheric carbon - “carbon sinks”.
Adam Thumath and Regan Kerr of Rabobank - "We were incredibly happy to support NZ Carbon Farming Group and their mission to tackle climate change. The transaction was closed in record time with the support of Buddle Findlay and Simpson Grierson. Rabobank has an important role in helping combat climate change - this green loan and our partnership with NZ Carbon Farming is part of that journey."