Rio Tinto Invests $16M in Madagascar’s Makira Natural Park REDD+ Project

15 Nov 2024
Rio Tinto Invests $16M in Madagascar’s Makira Natural Park REDD+ Project

BAKU, Azerbaijan, 15 November 2024 — Rio Tinto has committed $16 million to the Makira Natural Park REDD+ Project in northern Madagascar, through a new partnership with the Wildlife Conservation Society (WCS) and Everland. This commitment complements Rio Tinto’s investment in nature-based solutions in the south-east of the country.

“This commitment by Rio Tinto to the Makira Natural Park REDD+ Project underlines the critical importance of project-level REDD+ efforts within our national program as an effective tool to halt deforestation, protect critical ecosystems and biodiversity, and fund urgently needed development priorities for local communities,” said Max Andonirina Fontaine, Minister of Environment and Sustainable Development, Government of Madagascar.

For more details on this impactful partnership, read the full press release here.