🌎 Community Unlocking Solutions Spotlight: Shoutout to the incredible work being done by Marta Krupinska and Swarnali Mitra from the Fin-Erth community! Your determination and out-the-box thinking is moving the needle...
Thrilled to announce the completion of a world-first transaction in collaboration with Standard Chartered, British Airways and UNDO to unlock finance for carbon removals 💸 It’s a win-win for both the buyer and supplier, where buyers can access the best quality future credits without the need to pay upfront, and the supplier gets much needed cash to carry out their project and issue the credits to the buyer. Building a trillion-dollar industry requires the right financial infrastructure, so we’re delighted to have created a mechanism to unlock finance at scale for carbon removals. In a world where we need 10 Gigatons of carbon removal a year by 2050, this has massive implications for addressing the climate crisis. Find out more about the deal here: https://lnkd.in/ehwDB8zg