JERA invests in nature-based carbon credit fund in Australia2026/07/22

JERA Co., Inc. (JERA), a global energy leader and Japan’s largest power generation company, today announced an investment of AUD$25 million in the Silva Carbon Origination Fund (the Fund) – one of Australia’s largest high integrity, nature based carbon credit funds, notable for integrated reforestation and sustainable agriculture.

The Fund, which aims to raise $250 million to generate high integrity carbon credits to support global transition to a lower carbon future, has already raised $100 million from its foundation investors.

Silva Capital, a joint venture between investment managers Roc Partners and C6 Investment Management, will lead the Fund’s land reforestation initiatives, generating Australian Carbon Credit Units (ACCUs). 

The Fund focuses on development of integrated agricultural and environmental planting projects to generate high integrity ACCUs at scale in Australia. Comprehensive carbon sequestration through environmental planting works to help improve soil quality and biodiversity and is designed to complement and benefit farming activities.

JERA, which helps to ensure Japan’s energy security by producing 30 per cent of the nation’s total electricity, is one of the world’s largest buyers of liquified natural gas (LNG). JERA has participated in Australian LNG projects through its subsidiary JERA Australia and related companies, and is working actively to reduce and offset its Australian carbon emissions.
 
JERA Australia CEO and Managing Director Gaku Takagi said the Fund’s practical combination of quality environmental planting projects with ongoing sustainable farming was a major attraction for investment by JERA.

“The combination of ongoing farming activities with habitat and biodiversity restoration benefits both local communities and companies like JERA, which are committed to responsible carbon abatement and robust carbon credit methodologies,” he said.

“Silva Capital’s aim to balance agricultural productivity with environmental stewardship is a model that supports both economic and ecological sustainability.”

He said that JERA’s investment in the fund aligns with the company’s Net Zero Emission 2050 goal. The high integrity ACCUs generated are expected to support JERA’s endeavours to decarbonise its Australian LNG projects through a combination of direct abatement and carbon offsets.  

This investment would also help JERA Australia to fulfill obligations to joint venture partners to satisfy requirements of the Australian Government’s Safeguard Mechanism - requiring large emitting facilities to reduce emissions annually from a mandated baseline level. 

Silva Capital Co-Managing Director Raphael Wood said the Fund was a pioneering platform for development of high integrity, nature based carbon credit projects.

“The Silva Carbon Origination Fund provides benefits to local communities and to investors and as the Fund manager, we welcome the involvement of JERA as Japan’s biggest energy company and a global player in the LNG sectors,” he said.

“JERA joins other quality partners in projects that will reintroduce forests on cleared lands, incorporating a diverse range of native plant species, and designed to maintain the agricultural productivity of the land which enables concurrent agricultural activities without compromising environmental goals.”

Mr Wood said that respectful and genuine engagement with local communities on developing projects that met their needs and aspirations was key to the Fund’s operation.

“Our goal is mutually beneficial outcomes,” he said. “Integrating sustainable agriculture with carbon sequestration can be successful for both the local communities we operate in, and the companies that choose to invest in the creation of high integrity carbon credits.”
 

About JERA 
JERA is a global energy leader and Japan’s largest power generation company focused on providing cutting-edge solutions to the world's energy issues. Established in 2015, the Company produces one-third of Japan’s electricity, and is one of the largest LNG buyers in the world. JERA has global reach and strength throughout the energy supply chain, including participation in upstream gas exploration and production, LNG projects, fuel procurement and transportation, and power generation globally. 
In support of a responsible energy transition, JERA aims to achieve net-zero CO₂ emissions from its domestic and overseas businesses by 2050.
For more details: https://www.jera.co.jp/english   

About Silva Capital
Silva Capital provides corporate and institutional investors access to large scale, high integrity carbon credits generated through land restoration and reforestation projects that support the transition to net zero. Silva Capital is led by Mr Raphael (Raf) Wood, a highly respected expert and thought leader in the Australian carbon market. With over 15 years of experience advising government bodies, corporations and institutions, he has played key roles in designing and implementing carbon pricing mechanisms. Mr Wood is the Co-founder of C6 Investment Management and is on the board of the Carbon Market Institute. Silva Capital is a partnership between C6 Investment Management and Roc Partners, a private markets fund manager with extensive experience in the Australian agricultural sector.

About Roc Partners
Roc Partners is a specialist private markets investment firm with over 60 employees across three offices. It manages and advises clients on investments circa A$9 billion across private equity, real assets, and private credit (as of 31 December 2025). Roc Partners' private equity strategies include fund investment and direct private equity investment capabilities, with specialist teams in growth equity and food and agricultural investment. Recognised as a leading agricultural investor, the company has received multiple awards from Agri Investor, including the 2023 Asia-Pacific Fund Manager of the Year, Asia-Pacific 2023 Deal of the Year, 2022 Global Agribusiness Fund Manager of the Year, 2021 Global Fund Manager of the Year, Asia-Pacific Fund Manager of the Year, and Asia-Pacific Agribusiness Deal of the Year. Established in 1996, Roc Partners became a majority employee-owned firm in 2014 via a senior executive management buyout of Macquarie Group’s private markets business unit. 

About C6 Investment Management
C6 Investment Management is a dedicated carbon asset and investment manager. It leverages the vast industry experience of its principals, to provide unique carbon related investment products and opportunities to financial institutions, investors and corporates. C6 Investment Management spun out of Market Advisory Group in 2022 and provides market leading services to domestic and international corporate market participants seeking to transition to a net zero economy.