Cocoa and teak stir rich forest cocktail

A project to expand teak and cocoa plantations in rural Nicaragua scores exceptionally high points in Finnfund’s development impact assessment. The high score is based on the project’s contribution to carbon capture, protection of fauna and curbing deforestation as well as the various social impacts.

Finnfund is providing a $10 million loan to finance the expansion project of MLR Forestal de Nicaragua, cision.com reports.