BTG Pactual TIG Reaches $500 Million Milestone for Its Latin American Reforestation Strategy

BTG Pactual TIG Marks Significant Progress Towards $1 Billion Target to Restore Degraded Land and Promote Sustainable Forestry Across Latin America

NEW YORK--(BUSINESS WIRE)--BTG Pactual Timberland Investment Group (BTG Pactual TIG) announced today that it has crossed the $500 million milestone on its way toward its goal of mobilizing $1 billion for its Latin American Reforestation Strategy. This achievement underscores BTG Pactual TIG’s commitment to large-scale restoration, conservation, and sustainable land management across Latin America, aiming to generate significant environmental, social, and economic benefits. Conservation International serves as Impact Adviser for the strategy to help BTG Pactual TIG achieve positive impacts for people, nature and climate.

By investing in projects that are dedicated to sustainable commercial tree farms across half the strategy’s footprint, and the protection and restoration of native ecosystems across the other half, BTG Pactual TIG seeks to integrate the protection and restoration of important habitats with sustainable commercial production. The strategy is focused on restoring approximately 133,000 hectares of natural forest and establishing sustainable commercial tree farms on an additional 133,000 hectares in order to protect and enhance biodiversity, generate carbon credits, and expand economic opportunities in rural communities.

Gerrity Lansing, Head of BTG Pactual TIG, expressed satisfaction with the progress to date: "Raising $500 million for our Latin American Reforestation Strategy is a testament to our shared belief with Conservation International in the positive outcomes that the thoughtful connection of commercial production and conservation can achieve. We are now over halfway to our goal, and we can already begin to see the impacts of this strategy; as we continue this journey, our dedication to aligning economic returns with climate, community and biodiversity benefits remains stronger than ever.”

Mark Wishnie, Chief Sustainability Officer at BTG Pactual TIG, highlighted the transformative potential of the strategy: "Our Latin American Reforestation Strategy demonstrates the role public and private investment can play in driving large-scale, positive environmental outcomes. Working alongside Conservation International and other key collaborators and partners, we’re demonstrating that sustainable forestry can be a powerful force for restoration and climate action, while also benefiting communities and aiming to deliver value for investors.”

The strategy has already achieved significant milestones, including the planting of over 8 million seedlings and the initiation of restoration of more than 3,200 hectares of degraded land. BTG Pactual TIG’s long-term vision is to develop a model for sustainable reforestation that balances social, environmental, and economic returns, setting a new standard for timberland investment in the region.

About BTG Pactual

BTG Pactual (BPAC11) is the largest investment bank in Latin America, with a market capitalization of approximately US$ 25 billion (as of Q3, 2024), offering a diverse range of services, including Investment Banking, Corporate Lending, Sales & Trading, Asset Management, Wealth Management, and Banking. BTG Pactual Asset Management is a division of BTG Pactual with an international presence and US$ 178 billion in assets under management and administration. Internationally recognized and awarded, BTG Pactual employs more than 7,000 people across Brazil, Chile, Argentina, Colombia, Peru, Mexico, the United States, U.K., Portugal, Spain and Luxembourg (as of Q3, 2024). For more information and important disclosures: www.btgpactual.com.

About BTG Pactual TIG

BTG Pactual Timberland Investment Group (BTG Pactual TIG), a division of BTG Pactual Asset Management, is one of the world’s largest timberland managers with $7.2 billion in assets and commitments and nearly 2.8 million acres under management throughout the United States and Latin America (as of Q2, 2024). BTG Pactual TIG’s team of more than 160 professionals has an on-the-ground presence through 21 offices, bringing local, regional, and global experience to bear on the management of client investments. For more information, please visit www.timberlandinvestmentgroup.com.