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Chestnut Carbon Signs Forest Carbon Credit Deal With RBC

Chestnut Carbon Signs Forest Carbon Credit Deal With RBC

New York – September 13, 2026 -- Chestnut Carbon has agreed to supply Improved Forest Management (IFM) carbon credits to RBC, giving the global financial institution access to one of the largest forest-based carbon credit portfolios in the United States.

Chestnut's portfolio spans 200,000 acres across 37 states

The agreement draws on Chestnut's network of private forest landowners enrolled in IFM practices such as longer harvest rotations, retention of larger trees, strategic thinning, and prescribed burns. These practices are designed to improve forest resilience against wildfire and drought while sustaining long-term timber productivity.

RBC Launches $1.4 Billion RBCx Growth Fund for Canadian Tech Scale-Ups

RBC Launches $1.4 Billion RBCx Growth Fund for Canadian Tech Scale-Ups

Toronto – September 12, 2026 -- RBC has unveiled a $1.4 billion (US$1 billion) initiative to back Canadian technology companies aiming to scale into global leaders, anchored by a new direct-equity vehicle called the RBCx Growth Fund I.

RBC commits up to $416 million of its own capital to the fund

RBC will invest up to $416 million (US$300 million) directly into the fund, which targets late-stage Canadian companies in energy, agriculture, AI, healthcare and frontier technologies. Beyond capital, portfolio companies gain access to RBC's commercialization networks, strategic partnerships and expansion support.