Our Team

It’s all about our people. We have nearly 100 years of combined market-leading expertise


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IGP’s leadership team includes some of the world’s leading experts in nature based solutions, conservation finance & structured carbon finance.

Our leadership team brings combined expertise across carbon markets, ESG, carbon project development, corporate and project finance, and technology.

Cheri Sugal


Cheri Sugal created IGP and recruited the co-founding team. She brings almost 30 years in the conservation and carbon industry with on-the-ground experience in 65 countries. She has deep experience delivering projects in emerging markets, with governments, NGOs, communities, and the private sector and financial structuring to facilitate early private financing into emission reduction projects.


Cheri’s previous roles included:

  • Head of Structured Carbon Finance at South Pole Carbon Asset Management 
  • Founder of Cheri Sugal Consulting, 10 years developing advising on the design of jurisdictional and national emission reductions programs (Mexico, Cambodia, Guyana, Zambia). 
  • Director for Africa & Latin America at Terra Global Capital; and 
  • Founder & Senior Director of the $100M Global Conservation Fund at Conservation International 

Edit Kiss


As Chief Commercial Officer, Edit Kiss oversees our corporate strategy for financing projects. Edit brings 17+ years in the entire value chain of carbon markets – project development and finance, origination, investment deal structuring and execution, and sales and trading. She has experience working in financial institutions, carbon funds and renewable energy companies in London, Paris, Lugano, Rotterdam and Budapest.

Edit’s current roles include:

  • Non-Executive Board Director of the UK’s first rewilding business, the Real Wild Estates
  • Company Co-chair of IETA’s Natural Climate Solutions working group
  • Steering Committee Member and co-chair of the Biodiversity Credits Working Group of the Coalition for Private Investment in Conservation (CPIC).


Edit’s previous roles included:

  • Chief Investment Officer at Revalue Nature 
  • Investment and Development Director at Mirova Natural Capital 
  • Structured Origination Manager, REDD+ specialist at Eneco Energy Trade
  • Carbon Originator at Constellation Energy 

Karin Berardo


As Chief Financial Officer, Karin Berardo is responsible for managing and executing the company’s financial strategy.  Karin brings 25+ years financing, developing and operating natural and built infrastructure solutions including ocean finance, renewable energy, affordable housing, water management and regenerative agriculture in 50+ countries.


Karin’s previous roles included:

  • Founder, Abren Climate Impact Solutions, a women-led advisory practice delivering project development, capital raising and impact strategy solutions to climate entrepreneurs and investors worldwide.
  • Chief Investment Officer, DC Green Bank
  • Director, Sustainable Debt, NatureVest at The Nature Conservancy.
  • Chief Executive Officer, Stumpf Energy
  • Co-Founder, Chief Financial Officer, CleanPath Ventures.
  • Principal, Municipal Mortgage & Equity.

Arthur Wace


Arthur Wace is an Investment Associate at IGP, supporting market analysis, origination, due diligence and commercial structuring of projects. Arthur’s career journey began in capital markets, where he gained valuable experience at a boutique market maker specializing in FX and gold. His expertise in risk management strategies within currencies and interest rates led him to join Alpha Group, where he supported fund managers in their risk management strategies.

After four successful years in capital markets, Arthur transitioned to Redshaw Advisors, a renowned carbon advisory firm operating in both compliance and voluntary carbon markets, where he supported project developers in capital raising and structured finance.  He then served as Commercial Manager at Bioeconomy, where he developed project design documentation and carried out fundamental market analysis to support successful project structuring.


Arthur’s previous roles included: 

  • Commercial Manager at Bioeconomy
  • Senior Carbon Advisor at Redshaw Advisors
  • Institutional FX at Alpha FX Group plc
  • eFX Liquidity at Parabellum Markets LLP
  • Foreign Exchange Broker at Exmoor Partners

Jake Billhorn


Jake will be supporting IGP’s global and project-specific financial modeling work. His work includes: Developing and maintaining complex financial models for specific projects in collaboration with project developers; conducting financial analysis and modelling to identify trends and support investment decisions, including presentation of project performance against key financial metrics; and delivering on-going financial results and analysis to stakeholders including IGP investors.


Jake’s previous roles included:

  • Associate at Pollination
  • Independent Consultant at Capital for Climate
  • Intern, Natural Infrastructure Initiative, World Resources Institute
  • Writer at The Conservation Finance Network

Jake holds a Master of Business Administration from Yale School of Management, a Master of Environmental Management from Yale School of the Environment, Bachelors’ Degrees in Finance and Zoology from Michigan State University.

Matthew Brewer


Matthew Brewer advises IGP and its partners on project design to optimize carbon and other SDG-aligned benefits. He brings 15 years of experience as a professional forester working in the Global South originating, evaluating or helping to implement tropical field projects. Matthew built and sold a bioenergy and forestry firm and spent 10+ years developing projects with multiple revenue streams, multi-crop finance models that map complex regenerative agroforestry systems overlain with carbon credits, and value-added organic enterprises for landscape and project level evaluation. Matthew holds a Masters in Forestry from Yale School of Forestry.


Matthew’s previous roles included:

  • Founder & Lead Forester, Musa Agroforestal
  • Managing Director & Chief Forester, Rainforest Capital Management
  • Principal & VP of Project Development, Ceiba Forestry
  • Forester & FSC Permit Holder, Main International, Panama
  • Wilderness Ranger & Resource Officer, USDA Forest Service


Kelvin Stevens


Kelvin serves as IGP’s in-country project coordinator for the Vipya Vwaza Nyika Community Association (VNCA) community-based Nature-based Solutions (NBS) program, spanning four provinces in northern Malawi and multiple project types. Kelvin is responsible for:

  • Coordinating various project activities carried out in partnership with the VNCA, supporting the execution of the project’s initiatives across multiple provinces;
  • Ensuring that IGP’s work aligns with the goals and vision of the community association including liaising with community leaders and stakeholders to ensure their active involvement; and
  • Organizing and overseeing the transportation of goods and services required for the project, ensuring they reach their destinations on time and in good condition.

Kelvin’s prior experiences includes supporting logistics for Total Landcare, a land restoration NGO in Malawi. He holds all classes of licenses for transporting goods and services in Malawi, ensuring compliance with transportation regulations and enabling him to efficiently manage the movement of project resources.

Tiffany Corbell


Tiffany supports the day-to-day operations of the company, including managing calendars/ scheduling appointments, arranging travel, ordering supplies, answering emails, providing data entry, and bookkeeping. She also supports our Marketing and Communications, including updates to our web site and creating our contacts lists for our CRM and communications.

Tiffany currently owns and operates Vibrantly Aligned VA, a business that provides virtual assistance. She has 15 years of experience in administrative, office, travel and event planning and holds a degree in Business Administration.

The experience of IGP’s founding team led to the creation and execution of:

  • The pioneering Impact-investing funds and accelerator for financing Nature-based Solutions (Athelia and Mirova Natural Capital); and
  • The world’s largest philanthropic conservation fund (Global Conservation Fund at Conservation International) and several National & Jurisdictional REDD+ programs
  • The creation of many pioneering NBS carbon offset projects and several jurisdictional and nested REDD+ (JNR) programs
  • Innovative structured financing mechanisms for the innovative sovereign blue bond debt conversions in Belize and Barbados
  • The world’s largest philanthropic fund for wilderness protection and management (the Global Conservation Fund at Conservation International)
  • The world’s largest sovereign blue bond debt conversion (Belize) and the innovative sovereign blue bond structure (Barbados) that won the 2023 IFR Sustainable Loan of the Year Award.

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