Cofco International, a Chinese-origin trading company operating in the agribusiness sector, has signed a Memorandum of Understanding (MoU) with a fund managed by Patria Investimentos, a global asset manager, focusing on a strategic agreement in sustainable agricultural supply chains and carbon removal credits in Brazil. Through the agreement, the parties intend to evaluate opportunities to develop sustainable agricultural value chains, including coffee and carbon removal credits through Patria's Reforest Fund, as well as other agricultural commodities. Furthermore, it focuses on broader investments in low-carbon logistics infrastructure to support sustainable agricultural supply chains in Brazil. The collaboration aims to support the adoption of regenerative and climate-resilient agricultural practices, the restoration of degraded or underutilized land, and to promote the engagement of rural producers, capacity building, and the development of sustainable income sources. The initiative will also include an assessment of the generation of high-quality carbon credits aligned with recognized standards.
This text was translated by machine from Brazilian Portuguese.