Country’s largest farm business links $85m debt to Paris Agreement goals
Pāmu (Landcorp) agrees to pay penalty if it can’t get its 114 farms onboard.
State-owned enterprise Landcorp Farming, which trades as Pāmu, has agreed to turn $85 million of roughly $220m of bank debt into a loan that will cost them more in interest if they don’t meet ambitious sustainability targets.
The sustainability-linked loan, which will see Pāmu spend three
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