Blog Post

Paraway receives $75 million for methane reduction

The Clean Energy Finance Corporation has put up $75 million for Paraway Pastoral Company to reduce methane emissions by 30 percent by 2030. Photo: CEFC

ONE of Australia’s largest cattle producers, Paraway Pastoral Company, has received a $75 million injection of funds targeting a reduction in on-farm methane emissions.

The Clean Energy Finance Corporation commitment, through an agricultural fund managed by Macquarie Asset Management, will see Paraway aim to reduce its methane intensity by at least 30 per cent by 2030, aligned with the principles of the Global Methane Pledge.

Macquarie…

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