Natural capital projects

ChacoForest I

ChacoForest I is a REDD+ (Reducing emissions from Deforestation and Forest Degradation) project in Paraguay, developed with forestry expertise, forestry conservation knowledge and deep-tech integration.

Sustainable organic cattle breeding

Cattle Breeding Paraguay

Paraguay

Modern, environmentally friendly agriculture based on organic guidelines, run by Morongy SA. Around 20,000 grazing cattle are kept on nine farms, with meat production driving the majority of sales alongside the generation and trading of environmental certificates. The project pairs a stable, inflation-resistant return with the active protection of virgin forest.

ISIN: CH1378848068

Valor: 137884806

Highlights

✓ Around 20,000 grazing cattle across nine organic farms

✓ Fixed 12% p.a. coupon, secured by insurance and a bank default guarantee

✓ High liquidity — cattle can be sold at market price at any time

✓ Inflation-resistant: beef prices have outperformed many assets over 10 years

✓ Comprehensive cattle insurance incl. natural disasters, sabotage & transport

Key terms

Product type: Credit Linked Note (CLN)

Asset class: Private debt

Currency: Swiss franc (CHF)

Return: Coupon 12% p.a.

Maturity: 1 year

Target volume: CHF 30,000,000

Minimum investment: CHF 10,000

Issuer: Agilvest Issuing Solutions Ltd

Paying agent: InCore Bank (Switzerland)

Rainforest preservation & carbon offset

Rainforest CO₂ Reduction Paraguay

Chaco Seco region, Paraguay

Acquisition and preservation of approximately 85,000 hectares of rainforest — with potential expansion up to 200,000 hectares — under Paraguay’s government-backed environmental services programme (Régimen de Servicios Ambientales). By keeping the forest standing, the project absorbs CO₂ emissions and generates state-guaranteed compensation, combining measurable climate impact with a fixed return.

ISIN: CH1237092361

Valor: 123709236

Highlights

✓ Approximately 85,000 hectares of rainforest, expandable to 200,000 ha

✓ Fixed 15% p.a. coupon plus a 110% principal kicker at maturity

✓ State-guaranteed compensation under the Régimen de Servicios Ambientales

✓ Full project insurance covering general, political and title risk

✓ Keeps the forest standing — absorbing CO₂ with measurable climate impact

Key terms

Product type: Credit Linked Note (CLN)

Asset class: Private debt

Currency: Swiss franc (CHF)

Return: Coupon 15% p.a. + 110% kicker at maturity

Maturity: 5 years (extension possible)

Target volume: CHF 63,750,000

Minimum investment: CHF 10,000

Issuer: Morongy SA (Paraguay)

Portfolio growth

Morongy™ is intending to grow the project portfolio through a variety of REDD+ initiatives as well as reforestation projects and agroforestry in Paraguay, with planned expansions reaching southern Europe and Africa.