/ Midori Climate Partner Closes Pre-Seed Round, Led by Tokio Marine Holdings, to Expand Biochar Projects Across Asia
Midori Climate Partner Pte. Ltd., a carbon credit developer specializing in ecosystem restoration, has successfully closed its pre-seed funding round. The round was led by Tokio Marine Holdings (TSE: 8766), the parent company of Japan’s largest property and casualty insurance group, alongside a collection of individual investors.
*Tokio Marine Holdings, Inc. invests in Midori Climate Partner Pte. Ltd, through Tokio Marine & Nichido Fire Insurance Co., Ltd.
Midori Climate Partner develops ecosystem restoration projects, including biochar soil application, agroforestry expansion, and mangrove restoration, with a strong focus on Asia. The pre-seed funding will allow the company to scale its project pipeline and deliver high-integrity carbon removal credits aligned with global sustainability goals. It is aiming to launch its first project in Cambodia in 2025 to generate more than 10,000 tCO2e of durable CDR. The projects will also improve soil health and enhance food sustainability in the region.
The company is currently hiring key management talent to lead its project development, as well as to expand its agronomy specialist team in Cambodia to customize its biochar soil application method according to soil conditions and crop types.
Tokio Marine, a leading global insurance provider with a longstanding commitment to sustainability, recognizes the strategic value of this partnership, strengthening cooperation between Midori Climate Partner and Tokio Marine Group. The scope of potential collaboration includes co-developing high quality carbon credit projects and innovating risk solutions for the carbon market.
“We are thrilled to welcome Tokio Marine as a strategic investor,” said Ririko Takano, Founder and CEO of Midori Climate Partner. “This partnership underscores our initiatives to accelerate climate action in the carbon credit ecosystem while leveraging each other’s expertise.
Midori Climate Partner is a social enterprise dedicated to accelerating the transition to sustainable practices by providing technical and financial support to farmers, forest owners, and local communities. Its mission is to generate high-quality carbon credits while promoting ecosystem restoration and economic resilience.
Address: 111 North Bridge Road #21-01 Peninsula Plaza 179098 Singapore
https://midori-partner.com/
Tokio Marine Holdings is the parent company for Tokio Marine Group, a global leader in insurance services with a strong commitment to sustainability and climate action. It is the largest property / casualty insurance group in Japan in terms of revenue and employs over 43,000 people in 45 countries worldwide. The Group has a proven track record in ecosystem restoration, particularly in mangrove rehabilitation projects worldwide. Through strategic investments and innovative solutions, Tokio Marine Group continues to contribute to a more resilient and sustainable future.
https://www.tokiomarinehd.com/en/
日本語プレスリリースはこちら https://midori-partner.com/press-release-20250227jp