Bluesource, a corporate climate advisor, and Oak Hill Advisors, an alternative investment firm, to form an $500m joint venture to purchase forest lands for carbon projects. “The idea here is not simply to invest in forests, it’s to invest in forestry in such a way that the entire industry comes along. Over the last decade, we have been asked by a number of forest investors to place capital alongside our carbon knowledge. We took this step to not only practice what we preach but inspire others to do the same, because we know this can play a significant part in addressing the global challenges we face," Bill Townsend, Bluesource Chairman and Chief Strategy Officer.