Carbonplace secures $45m ahead of carbon credit trading platform launch

Michael Holder
clock • 2 min read
Mangrove planting | Credit: Zoological Society of London
Image:

Mangrove planting | Credit: Zoological Society of London

London-based firm backed by banks including NatWest, UBS, Standard Chartered plans to launch 'transparent and secure' carbon credit trading network in 2023

Carbonplace, a carbon credit transaction network backed by a host of leading banks, has raised $45m from investors in its latest funding round, as the firm gears up to launch its voluntary CO2 offset trading...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Carbon Trading

Voluntary Carbon Market labelling to roll out later this year

Voluntary Carbon Market labelling to roll out later this year

Plan to single out high-integrity credits aims to boost confidence in underfire Voluntary Carbon Market

Cecilia Keating
clock 19 January 2023 • 3 min read
European Union flag flying outside Parliament in Brussels

ETS 2: Are carbon markets about to get serious?

EU agrees sweeping reform package for its emissions trading scheme fuelling hopes it could help accelerate decarbonisation efforts globally

James Murray
clock 19 December 2022 • 7 min read
Not all carbon removals are created equally

Not all carbon removals are created equally

LSE's Josh Burke sets out the risks of prematurely incorporating carbon removal technologies into carbon markets

Josh Burke, LSE's Grantham Research Institute for Climate Change and the Environment
clock 29 November 2022 • 7 min read