Gibson Dunn Advises BTG Pactual Timberland Investment Group on Contract with Meta for Delivery of Nature-Based Carbon Removal Credits
Firm News | October 10, 2024
Gibson Dunn advised BTG Pactual Timberland Investment Group (BTG Pactual TIG) on a long-term contract with Meta for the delivery of 1.3 million nature-based carbon removal credits, with options for delivery of an additional 2.6 million nature-based carbon removal credits, through 2038. The deal is one of the largest of its kind and a key component of BTG Pactual TIG’s Latin America reforestation strategy, which is designed to support climate change mitigation alongside benefits for biodiversity and communities.
The Gibson Dunn corporate team was led by John Gaffney and Kira Idoko and included Adam Lapidus.