Iora Ecological Solutions (IORA), an enterprise dedicated to Nature-based Solutions (NbS) for climate action and ecosystem conservation, has secured ₹8.5 crore (approximately $1 million) in debt funding from Caspian Impact Investments (Caspian Debt).
The company plans to use the funds to scale its MegCare agroforestry and land restoration initiative in Meghalaya. This program focuses on restoring degraded landscapes, increasing forest cover, and boosting rural livelihoods through sustainable agroforestry practices, according to a press release.
Founded in 2009 by Swapan Mehra, IORA operates as an environmental advisory firm specializing in environmental finance, policy, scientific research, and on-ground project execution. Over the past 15 years, the company has successfully implemented more than 200 projects globally, with a strong focus on conservation, natural resource management, and both climate mitigation and adaptation.
Significantly, the MegCare program aims to impact 80,000 smallholder farmers across Meghalaya by leveraging a carbon finance model that connects ecosystem restoration with sustainable income generation.
Moreover, IORA reports that its climate, agriculture, forestry, and biodiversity conservation solutions cover over 20 million hectares across 27 Indian states, two union territories, and multiple countries in Southeast Asia, Africa, and South America—demonstrating its wide-reaching impact and expertise in large-scale environmental initiatives.
