We dodged a bullet
The asset class was to be based on sustainable enterprises that HOLD THE RIGHTS to ecosystem services, such as carbon sequestration, produced by natural, working, or hybrid lands.
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“Under the proposal, private interests, including foreign-controlled sovereign wealth funds, could use their capital to purchase or manage farmland, national and state parks, and other mineral-rich areas and stop essential economic activities like farming, grazing, and energy extraction,” Oaks said.
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