Innovative financing model paves way for partnership between CIM and Greening Australia

Kain Lawyers is pleased to announce they have advised Conscious Investment Management (CIM) in the successful partnership with environmental not-for-profit Greening Australia to deliver biodiverse environmental planting projects across Australia.

The parties inaugural investment involved acquiring ‘Dixieland’, a 755-hectare property situated in the Snowy Monaro region of Southern NSW, about 2.5 hours southwest of Canberra.

Kain Lawyers Director Brian Vuong said, “We are delighted to have advised CIM on all aspects of its innovative financing to Greening Australia to acquire Dixieland. This project will enable Greening Australia to restore the land by planting approximately 140,000 native trees and shrubs. This is a great example of impact investing making a real impact on environmental restoration in Australia.”

Greening Australia and CIM intend to register the property as an environmental plantings project through the Clean Energy Regulator. Greening Australia will serve as both landowner and project developer, while CIM has provided innovative financing for the project. Repayments for the project are tied to the generation and sale of Australian Carbon Credit Units (ACCUs) under the environmental planting methodology.

The restoration effort aims to support various nationally listed woodland bird species and prioritise long-term climate resilience.

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