Danone North America is partnering with Replant Capital, a financial services firm dedicated to reversing climate change to encourage farmers to use regenerative or organic farming practices. Over the next several years, Replant will invest up to $20 million to support Danone North America’s farmer partners with expenses relating to converting to regenerative or organic farming.
"As a company that is passionate about climate activism, we are pleased to be partnering with rePlant to support our farmers and bring new, innovative financial solutions to address climate change," said Mariano Lozano, CEO of Danone North America. "Providing these loans mitigates the financial stress that transitioning to regenerative and organic farming practices places on our farmers and allows them to focus their energy on driving sustainable agriculture on their farms."
Related: Danone Water Brands Pledge To Reduce Carbon Emissions; Danone Invests in Plant-Based Dairy Company.
from Industry Operations https://ift.tt/2S3kFEk
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