Aera signs its first ever carbon credits forward sale in Canada for an amount of €6m with a Vancouver-based investment fund.
This first transaction in Canada is part of a wider forward sales pipeline of +€100m being discussed by Aera. In the last 4 months Aera closed similar deals in Switzerland(€9m) & Australia (€10m). Canada is a priority market for Aera in 2022.

About the project :
The objective of the project is to reduce wood fuel consumption used to cook meals, and reduce deforestation and associated CO2 emissions.