New Delhi, Nov. 14 -- Paris-headquartered Mirova, a sustainable investment arm of Natixis Investment Managers, has made a landmark $30 million investment in Varaha's Kheti soil carbon project in India. This marks Mirova's first carbon deal in India and its largest single commitment under its nature-based carbon strategies, reflecting an ambitious push to scale high-integrity climate solutions across Asia.

Founded in 2022, Varaha is Asia's largest carbon project developer focused on regenerative agriculture, agroforestry, and biochar generation. The Kheti project supports over 337,000 smallholder farmers across 675,000 hectares in Haryana and Punjab, encouraging practices like direct seeding of rice, crop residue management, and reduced t...