Régia Capital, a Brazilian asset manager, designed a transition finance solution to channel capital into Brazil’s bioeconomy through the issuance of a Certificado de Recebíveis do Agronegócio (CRA) for Tobasa, a pioneering bioindustrial company. Tobasa has developed technology to fully utilize the babassu coconut, turning what was traditionally a waste product into value-added goods such as activated carbon for water filtration and sanitation.
The CRA, valued at R$36 million, was financed through Régia’s Bioeconomy Fund and structured as a blended finance instrument combining market discipline with impact-oriented flexibility. It includes sustainability performance indicators related to reforestation, community benefits, traditional knowledge, youth education, and waste reduction. A Second-Party Opinion validates the environmental integrity of these targets.
Régia’s approach illustrates how transition finance can mobilize capital toward regenerative and low-emission production models while ensuring credible monitoring and verification. The investment aligns with Brazil’s national bioeconomy and ecological transition strategies, contributing to biodiversity protection, decarbonization, and social inclusion. Through robust due diligence, stakeholder collaboration, and innovative risk-sharing mechanisms, Régia demonstrates how private finance can scale the bioeconomy and foster inclusive, sustainable development in the region.
