CDC Group, the UK’s publicly owned impact investor, has announced a further $12 million commitment to Miro Forestry, a sustainable forestry and timber business with plantations in Ghana and Sierra Leone. This fundraising round, which includes participation from four other investors, has successfully raised a total of $48 million at close.

This latest investment by CDC builds on an existing commitment which has supported Miro in planting about 17,000 hectares (ha) of FSC approved euca...