- Project development has been supported by Natixis, Trafigura and GenZero since 2022
COLUMBIA, 28 May 2026 – The Brújula Verde afforestation, reforestation and revegetation project (the “project”), developed by InverBosques, has issued over 230,000 tonnes of CO2 equivalent (tCO2e) of carbon removals on the Gold Standard registry – its first verified issuance since the project was established in 2019.
In November 2025, the project was awarded a ‘AA.Pre’ carbon rating by BeZero Carbon, reflecting a very high assessed likelihood of achieving its carbon removal goals and placing it among the top 4 percent of rated afforestation, reforestation and revegetation (ARR) projects globally.
Brújula Verde operates on severely degraded lands in Vichada, Colombia – affected by recurrent fires, extensive grazing and desertification – integrating mixed-species afforestation, soil restoration and advanced digital monitoring, reporting and verification (dMRV) technologies to deliver carbon removals alongside social and economic development in Colombia’s Orinoco region. Its development has been supported by financing from Natixis, Trafigura and GenZero since 2022, with a focus on building a bankable, transparent, and scalable nature-based removals platform.
A purpose-built nursery, expanded in 2022, supports production of more than 15 native species with capacity for up to 20 million seedlings per year, enabling annual plantings of up to 10,000 hectares. The project has planted over 15,000 hectares to date, with Trafigura and GenZero together supporting expansion up to 20,000 hectares. Plantings are monitored using dMRV technologies integrating high-resolution imaging, light detection and ranging techniques, supporting accurate and transparent carbon estimation.
Brújula Verde actively contributes to social development in Vichada, one of Colombia’s most remote and underserved departments, through job creation, financial support to social programs and direct revenue sharing of carbon revenues. Key priorities include improving access to essential services such as education, internet connectivity, water purification, mental health support and community programs.
Trafigura, on behalf of InverBosques and the parties, will engage with customers in 2026 to support demand for high-integrity carbon removals and help channel private capital towards credible, community-linked nature-based climate solutions.
The first trade has been executed via Climate Impact X (CIX) and the parties anticipate further volume to be transacted through the platform – connecting buyers to this high-quality removal project in an efficient and transparent manner.
Alejandro Ceballos, Incoming CEO, Inverbosques, said: “This first issuance represents the outcome of years of disciplined work. Behind this milestone is the collective effort of many people who have helped turn a long-term vision into a credible climate solution with real impact on the ground; from nursery teams and field crews to technical experts and communities. We are grateful for the trust of Trafigura, GenZero and Natixis, and remain committed to scaling Brújula Verde with the rigour, transparency and long-term stewardship that high-integrity climate solutions require.”
Matthew Nelson, Head of Carbon Investments at Trafigura, said, “Reaching this first issuance milestone reflects the technical rigour and sustained commitment of all those who have contributed to this project over the past four years. We are pleased to be supporting a project of this quality and look forward to presenting it to customers.”
Hoon Ling Min, Investment Director, GenZero, said, “Brújula Verde demonstrates how high-integrity carbon removals can deliver climate impact while supporting biodiversity, livelihoods and long-term resilience in local communities. The project’s first issuance is an important milestone, reflecting years of work to build robust governance, transparent MRV and bankable project infrastructure. At GenZero, we believe credible nature-based removals will play an important role in driving decarbonisation globally and we are pleased to support Brújula Verde as it scales its impact in Colombia and contributes to the development of a more trusted carbon market.”
Paolo Salvi and Paul Goncharoff, Global Trade Americas, Natixis, commented, “Natixis CIB is pleased to support the development of Brújula Verde, an afforestation project in Colombia focused on restoring severely degraded land. This transaction marks our first financing in the voluntary carbon market and reflects our commitment to supporting the growth of innovative sustainability solutions. Providing bank capital is essential to the development and scaling of this important market where Natixis CIB continues to expand its capabilities and expertise.”
Carolina Jaramillo, Global Director Planning & Performance, Carbon Projects at South Pole, said: “South Pole is pleased to have supported InverBosques and its partners through the development and certification of Brújula Verde under the Gold Standard framework. This first issuance reflects a significant amount of technical work across project design, MRV systems, stakeholder engagement and verification over several years. This milestone demonstrates what is possible when deep technical expertise, strong partnerships, and long-term stewardship come together to deliver high-integrity carbon removals, alongside tangible social and environmental outcomes in the region.”
Ellery Sutanto, Chief Commercial Officer of Climate Impact X, added: “A project’s first issuance marks the transition from development to market participation. Achieving this requires trusted market infrastructure that connects high-quality supply with credible demand. At CIX, we are pleased to support the first trade of Brújula Verde, enabling transparent price discovery and helping direct capital towards high-integrity climate solutions.”
About Brújula Verde
Brújula Verde (GS23254) is an afforestation, reforestation and revegetation project operating on severely degraded lands in Vichada, Colombia, delivering carbon removals alongside social and economic development in one of Colombia’s most remote departments. The project has been supported by institutional players Trafigura, Natixis and GenZero since 2022.
Implementation is led by InverBosques, a Colombian forest manager with more than 15 years of operations in Vichada, holding Forest Stewardship Council certification and operating to IFC Performance Standards 1 and 6. The company generates over 700 direct and indirect jobs for local communities. The project has planted over 15,000 hectares to date, with a strategic collaboration between Trafigura and GenZero established in 2024 targeting expansion to up to 20,000 hectares.
Plantings are monitored using digital MRV technologies integrating high-resolution RGB imagery with LiDAR, supporting transparent and accurate carbon estimation.
For more information on Brújula Verde, visit www.Brújula-verde.com
About GenZero
GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, it seeks to deliver positive climate impact alongside long-term sustainable financial returns by investing in opportunities with the potential to be nurtured into impactful and scalable solutions.
Driven by a common purpose to decarbonise for future generations, GenZero recognises the need for a holistic and integrated approach to achieve a net zero world. It adopts a flexible investment approach across three focus areas to drive climate impact: (i) nature-based solutions that help protect and restore natural ecosystems while benefiting local communities and biodiversity; (ii) technology-based solutions that deliver deep decarbonisation impact; and (iii) carbon ecosystem enablers that support the scaling of carbon markets and enable broader industry decarbonisation.
For more information on GenZero, visit www.genzero.co.