Climate tech firm Patch secured $55 million to scale their business to meet the growing demand for climate action through voluntary carbon markets. U.S.-based Energize Ventures led the Series B financing round with Singaporean sovereign wealth fund GIC as its new investor. Existing investors that joined include Coatue Management, Version One Ventures, and Andreessen Horowitz. […]
Are you looking to directly reduce your carbon footprint or support projects that cut emissions elsewhere? Then carbon credits allow you to do either of these. A carbon credit is also called carbon offset in the voluntary carbon market (VCM). Each credit goes through a general lifecycle process that starts from creation to retirement. Individuals […]
Carbon Fund Advisors introduced the Carbon Strategy ETF with NYSE Ticker KARB to provide exposure to global compliance carbon markets. The Carbon Strategy ETF “KARB” The Carbon Strategy ETF is an actively managed exchange-traded fund that uses a reference index – the Carbon Streaming BITA Compliance Index. It’s a rules-based index that tracks the performance […]
As the global economy is racing to net zero emissions, Environmental, Social, and Governmental (ESG) investors are considering how they can measure the Scope 4 emissions into their analysis. The path to net zero has been the common direction as the world tackles climate change. But taking this road calls for going beyond the common […]
DeepMarkit Corp. provided its industry and corporate update to keep shareholders and the media informed about its unique competitive position in a growing asset class. The recent milestones in the carbon industry include: Blackstone’s investing $400 million in Xpansiv BMO purchasing Radicle Group CPP Investments adding an “Investing in the Potential of Carbon Credits” section […]
Global carbon project developer South Pole and agricultural tech company Regrow Ag work together to scale the adoption of regenerative agriculture. South Pole is a global developer of carbon projects and climate solutions provider with 20 years of experience. Its project development covers various areas including: sustainable agriculture forest conservation waste management energy efficiency renewable […]
A record volume of Australian carbon credits were traded in the second quarter, indicating that the market is maturing despite growing criticisms. The Australian Carbon Credit Units (ACCUs) scheme is a voluntary carbon market mechanism that seeks to incentivize companies to cut their footprint. It has been under increased scrutiny with skeptics claiming it’s a […]
International insurance broker Howden has launched the first-ever voluntary carbon credit insurance. The aim is to limit fraud and negligence and increase confidence in the carbon market. UK-based Howden Group is the largest European broker managing insurance for $10+ billion. Its key purpose in launching the carbon credit insurance product is to bring more confidence […]
A few decades into the growth of the carbon market, and most carbon offsets are still nature-based. Yes, there’s growing interest in removal techniques like CCS (carbon capture and storage) and DAC (direct air capture). But for the foreseeable future, the world of carbon offsets will continue to be dominated by nature-based solutions. And until […]