Qantas invests in a new nature-based carbon fund

Qantas has joined mining group Rio Tinto and BHP as foundational investors in a new fund that will develop nature-based, high-integrity carbon projects in Australia. The Silva Carbon Organisation Fund, which is managed by Silva Capital, aims to raise AU$250 million ($164.7 million) to originate and manage high-integrity Australian carbon credit units (ACCU’s). The foundational investors have committed AU$80 million ($52.7 million) to the fund with Qantas financing the investment through its climate fund. Established in 2023, the fund has allowed for the airline to invest in decarbonising solutions – including investing in SAF. “For hard to abate sectors, such