TotalEnergies is contributing $50 million to the Tropical Asia Forest Fund 2 (TAFF2) managed by New Forests. The fund invests in certified plantations and native forest conservation projects in various countries across Southeast Asia including Indonesia, Malaysia, Laos, Cambodia, Thailand and Vietnam. The French supermajor's investment will contribute significantly to the fund's goal of building a diverse portfolio of six to eight forestry assets for a total investment of $300 million.
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