In a significant move that merges institutional capital with regenerative agriculture, Canadian pension giant La Caisse and Australia’s Clean Energy Finance Corporation have launched Meldora, a new sustainable agriculture platform designed to generate high-quality carbon credits through land restoration and climate-smart farming practices. With an initial investment of AUD 250 million (approximately USD 165 million), the platform is set to reshape the carbon and agriculture markets in Australia by integrating biodiversity, productivity, and climate resilience into one strategic venture.

A Scalable Model for Climate-Positive Agriculture

Meldora’s mission is to deliver high-integrity Australian Carbon Credit Units (ACCUs) by combining large-scale agricultural operations with long-term native vegetation restoration. The strategy revolves around the “Environmental Plantings” methodology, a regulated approach to carbon sequestration that requires native trees and shrubs to be planted and maintained for at least 25 years, and often as long as 100. These plantings serve not only as carbon sinks but also as crucial habitats that restore ecosystem function and enhance biodiversity across degraded rural landscapes.

This is not just a bet on carbon markets. It is an investment in a new kind of agriculture that simultaneously produces food, sequesters carbon, and rebuilds ecological health. By embedding environmental outcomes into the core of farmland investments, Meldora aims to position itself at the forefront of the carbon economy while redefining what sustainable land use looks like at scale.

Rio Tinto Secures Long-Term Offtake, Signaling Industrial Buy-In

Providing further credibility and momentum to the platform is a long-term offtake agreement with global mining giant Rio Tinto, which will purchase a portion of the ACCUs generated through Meldora’s projects. The partnership with Rio Tinto is notable, as it reflects growing corporate demand for high-quality, nature-based carbon credits aligned with science-based targets and verified by transparent methodologies.

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By anchoring the platform with a committed offtaker, Meldora ensures predictable revenue streams, while simultaneously demonstrating that industrial players are willing to support agricultural transformation as part of their decarbonization strategies. For Rio Tinto, this represents an opportunity to meet net-zero goals through tangible, Australian-sourced carbon offsets rooted in ecological restoration.

Institutional Capital Paves the Way for Regenerative Innovation

La Caisse, one of the world’s most prominent institutional investors, has contributed AUD 200 million to the initiative. Its involvement underscores a growing recognition that sustainable land use is not merely a philanthropic gesture but a viable long-term asset class. Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure and Sustainability at La Caisse, emphasized that the investment reflects the fund’s broader ambition to support resilient, net-zero-aligned agriculture while creating measurable economic and environmental value.

With rising investor scrutiny on climate risks, land degradation, and the integrity of carbon markets, Meldora offers a model that is transparent, grounded in science, and aligned with Australia's national priorities. It also fits into La Caisse’s global portfolio strategy of combining infrastructure-scale projects with sustainability and impact performance.

Managed by Gunn Agri Partners, Backed by Deep Local Expertise

The on-the-ground management of Meldora will be led by Gunn Agri Partners (GAP), an Australian firm with deep expertise in agriculture and natural capital. GAP will be responsible for integrating regenerative practices, carbon project development, and diversified crop production into a unified platform.

The first major acquisition under Meldora has already been completed: a sprawling 15,000-hectare property in Central Queensland, which includes both dryland and irrigated farming systems. This farm will serve as the pilot site for implementing the Meldora model producing food, generating carbon credits, and restoring native ecosystems, all under one investment framework.

According to GAP Managing Director Bradley Wheaton, the vision for Meldora is bold and unprecedented. He described the platform as uniquely ambitious in its scale and scope, combining commercial-grade farming with environmental restoration in a way that hasn’t been attempted before at this level. For investors and policymakers alike, this sets a new precedent for what farmland investment can and should deliver in the 21st century.

Redefining the Future of Farming in a Net-Zero World

Meldora’s emergence comes at a time when agriculture is under increasing pressure to become both more productive and more sustainable. Climate change, soil degradation, and biodiversity loss are converging risks, but they also open the door to transformative solutions that regenerate rather than deplete natural systems.

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By embedding carbon credit generation into the structure of its agricultural operations, Meldora is not only creating new revenue streams but also proving that ecological outcomes can be monetized in a legitimate, scalable way. The model also provides a compelling example for other countries looking to unlock climate finance through land stewardship and nature-based solutions.

If successful, Meldora could inspire a new wave of institutional-grade platforms that see farmland not only as a source of food and profit but also as a critical asset for climate stabilization and environmental regeneration.

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