In May 2024, CIM proudly announced a new partnership with environmental not-for-profit, Greening Australia, to deliver biodiverse environmental planting projects across Australia.
CIM’s first investment alongside Greening Australia was financing the purchase of a 755-hectare property in Southern NSW, known as ‘Caddigat Road’, with plans to plant approximately 140,000 native trees and shrubs on the property in 2025.
Caddigat Road is located in the Snowy Monaro region of Southern NSW approximately 2.5 hours south-west of Canberra. Typical Snowy Mountains sheep grazing country, the area has a legacy of clearing and has piqued the interest of universities and local and state governments due to its alarming signs of biodiversity loss and vulnerability. Restoration of the property is designed to benefit several nationally listed woodland bird species and will contribute to the recovery of the critically endangered Monaro Tableland Cool Temperate Grassy Woodland vegetation community.
The property has been successfully registered with the Clean Energy Regulator as an Environmental Plantings project with a 100-year permanence period. Greening Australia will act as landowner and project developer and CIM has provided innovative financing for the project, with repayments linked to the generation and sale of Australian Carbon Credit Units
In October, CIM invited investors to visit the Caddigat Road property and meet the Greening Australia team. This video gives an overview of the project and shows some of the incredible property that will be restored under of the CIM and Greening Australia partnership.