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Germany’s Klim raises $22M to take its regenerative farming platform international
So-called "regenerative" farming, which is said to be less harmful to soils and biodiversity than conventional farming, offers an opportunity to reduce
Farmers use the Klim platform to track the progress of their transition and prove it to supply chain partners, enabling them to earn revenue payouts for sequestered carbon. In turn, food companies can buy these “ecosystem services” to make their supply chains greener, especially as emissions reporting requirements increase. In a statement, Maha Keramane, head of BNP Paribas’ Positive Impact Business Accelerator, added: “Klim’s innovative platform and approach to scaling regenerative agriculture are perfectly aligned with our commitment to financing solutions that mitigate climate change, make the ecosystems more resilient and improve people’s livelihoods.”
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