Aviva Investors and Climate Impact Partners Launch Colombian Forest Carbon Project

Aviva Investors and Climate Impact Partners have launched the Llanos Vivos project, a large-scale afforestation and restoration initiative covering up to 13,600 hectares in Colombia's Vichada region. The project is expected to remove over 2.4 million tons of carbon in its initial phase, with potential to capture over six million tons across its full lifespan.

The Llanos Vivos project will restore under-productive grassland in Colombia's eastern plains into a biodiverse forest ecosystem. Funding comes from Aviva's Carbon Removal Fund, which invests in nature-based and engineered carbon removal solutions, with Aviva receiving rights to a share of future carbon credits generated through the project. Climate Impact Partners will serve as project originator and delivery partner, while forestry investment firm &Forest will act as the on-the-ground implementation partner.

The project reflects growing investor interest in nature-based carbon removal as a portfolio diversification tool rather than purely an impact investment. Investors are increasingly viewing carbon removal strategies as a hedge against transition risks, and the Llanos Vivos structure demonstrates how long-term capital can support the development of high-integrity, nature-based carbon projects. The project also includes community-run farms to support local food production, skills development, and livelihoods in the Vichada region.

Over time, the restored forest is expected to be designated as conservation land, supporting the long-term permanence of carbon removal outcomes. The project will also contribute to natural regeneration across the surrounding landscape, including the creation of ecological corridors and the planting of native species. As voluntary carbon markets continue to mature, partnerships of this kind are intended to demonstrate that durable, investable carbon removal at scale is achievable through structured, long-term capital commitments.

Key figure — 6 million tonnes of carbon potential capture over full project lifespan