visimoney
TLDR: HeavyFinance has raised €50m ($59.2m) to provide loans to European farmers. The money will be invested in approximately 1,700 agricultural projects, and will help bridge the financial gap for small and medium-scale farmers across Europe. HeavyFinance has also developed nature-based carbon credits that it plans to launch in the first half of 2024. The company’s loans are designed to support farmers in transitioning to regenerative agricultural practices, offering a 0% interest rate and the opportunity to generate income from carbon credits. The fundraising round and launch of its carbon credits represent a significant step for HeavyFinance in promoting sustainability and climate action.
