Terra Natural Capital launches to invest in scaling carbon projects and natural assets

At Terra Natural Capital, we are committed to unlocking the full potential of carbon markets by providing flexible financing solutions for carbon removal and reduction projects. By working with project developers, corporate buyers, and institutional investors, we enable access to high-integrity carbon credits at scale.

Backed by Pala Investments and Bain Capital Partnership Strategies, our approach is rooted in deep expertise across real assets, commodity markets, and decarbonization investing. Our mission is clear: to bridge the financing gap and accelerate the development of projects that will define the next generation of carbon markets.

Delivering High-Integrity Carbon Removal at Scale

To date, we have invested in nature-based carbon removal projects globally, including mangrove restoration and afforestation, securing long-term credit supply to meet the growing demand for trusted carbon solutions.

At Terra, we are built on three key pillars: legacy, accountability, and creativity—applying these values to scale carbon markets. And with 2023 marking the earth’s hottest year on record, the need for innovative financing solutions to mitigate emissions has never been more urgent.

Stephen Gill, Managing Director, Terra Natural Capital

A new approach to carbon project investment

Carbon markets face a critical challenge: traditional banks and financiers remain largely absent from these emerging sectors. Terra is stepping in to fill this gap, providing investment that enables best-in-class project developers to scale, while ensuring institutional-grade integrity and transparency.

Our investment focus includes:

  • Nature-based carbon removal – Restoring ecosystems through afforestation, reforestation, and blue carbon projects
  • High-impact energy efficiency – Supporting carbon reduction initiatives that deliver measurable, verifiable emissions cuts
  • Projects with strong co-benefits – Community-led initiatives that enhance biodiversity, restore ecosystems, and promote economic resilience
  • Projects in jurisdictions with advanced carbon market policies – Ensuring alignment with Article 6 of the Paris Agreement and evolving compliance markets

Meeting the Rising Demand for Carbon Removals

Carbon credits and natural climate solutions are critically undersupplied, even as corporate demand grows. Research suggests that by 2030, voluntary carbon markets could see demand for up to 2.6 gigatonnes of credits, with nature-based solutions playing a key role in mitigating climate change.

We see a compelling, generational opportunity to support project developers and scale carbon credit markets. By unlocking flexible project finance, we are setting the foundation for natural capital as an asset class.

Erica Vertefeuille , Managing Director, Terra Natural Capital

Partnering to build the future of carbon markets

At Bain Capital Partnership Strategies, we are excited to partner with the Terra team to invest in large-scale, high-integrity carbon reduction projects. As corporate demand grows, Terra’s ability to provide flexible institutional project finance will help address the acute shortage of high-integrity carbon credits.

Michael Schor, Managing Director, Bain Capital Partnership Strategies

With backgrounds in environmental science and investment, Terra’s team have spent their careers designing innovative, flexible financing solutions for decarbonization and energy transition projects. Now, we’re applying that expertise to scale the carbon markets of the future.

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About Terra Natural Capital 

Terra Natural Capital is an investment business committed to delivering innovative financing for climate solutions. As a leading provider of project financing for carbon removal and nature restoration, our mission is to provide institutional capital to support the development of large-scale, high-impact carbon credit and natural capital assets globally. Learn more at www.terranaturalcapital.com