Mercado Libre taps Pachama to monitor and manage its $8 million investment in Latin American ...
(World News Brazil)

Mercado Libre, one of the largest e-commerce and financial services company from Latin America by market cap, has selected the startup and Y Combinator alumni Pachama as its strategic partner in developing projects to restore ecosystems in Latin America. The selection of Pachama is part of a program initiated by Mercado Libre, Latin America’s answer to Amazon, which is called Regenera America. The $8 million that Mercado Libre is investing will be in two reforestation projects: the “Mantiqueira Conservation Project”, organized under the auspices of The Nature Conservancy and the “Corridors of Live Project”, designed and...