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Top related persons:
Magnus Drewelies - 2 couldn't - 1 Verra's - 1 Allister Furey - 1 issuances - 1 Mark Kenber - 1 Sylvera's Furey - 1 Lubomila Jordanava - 1
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Search resuls for: "Ceezer"


3 mentions found


☆ The Wild West carbon credit era might be coming to an end as sales hit record high
  + stars: | 2024-02-26 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +5 min
Carbon credits have been through a tough time. But since then, the voluntary carbon market (VCM), where carbon credits are traded, has faced intense criticism for the actual emission reduction the credits provided. "So, definitely, it was a bumpy ride," said Allister Furey, cofounder and CEO of carbon credit rating and data provider Sylvera. In a vote of confidence from venture capitalists, January also saw carbon credit insurer CarbonPool secure $12 million, carbon credit investment platform Cultivo raise $14 million, and carbon project developers platform BlueLayer come out of stealth with $10 million. In all, it signals the start to the end of the carbon credit "wild west," Sylvera's Furey said.
Persons: couldn't, Verra's, Allister Furey, issuances, Mark Kenber, Sylvera's Furey, Lubomila Jordanava, Nathan Bonnisseau, Lubomila Jordanova, Magnus Drewelies, Ben Rubin Organizations: Business, Guardian, BI, Sylvera, Carbon Business
☆ Ceezer just raised $11 million to bring transparency to carbon credits. Check out 12-slide pitch deck it used to secure the funds.
  + stars: | 2024-01-25 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +4 min
Read previewGerman startup Ceezer, which helps companies plan, buy, and manage their carbon credit portfolio, has just raised 10.3 million euros, around $11.2 million, in Series A funding. Carbon credit marketplaces and accounting tools boomed in 2021 as large companies rushed to understand and offset their emissions. They were all vying for a slice of the projected $250 billion voluntary carbon market by 2050 , where private companies buy and sell carbon credits. Carbon credits are typically bought after achieving their stated impact, but this requires project developers to have cash upfront to get started, Drewelies said. AdvertisementThe fresh funding, led by HV Capital, will be used to launch new financial products so that project developers can unlock pre-financing.
Persons: —, Magnus Drewelies, Drewelies, Ceezer Organizations: Service, Business, Siemens, HV Capital, Norrsken, Picus, Partners Locations: Berlin, New York
☆ Corporations desperate to avoid poor quality carbon credits and are starting up their own climate funds to offset emissions
  + stars: | 2023-03-24 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +6 min
The voluntary carbon market has a problem with bad quality carbon credits. "Headline after headline is published exposing these offsets for poor quality," Michelle You, CEO and cofounder of carbon removal platform Supercritical told Insider. The London Stock Exchange has also done this for investors - instead of getting dividends, they get carbon credits. He expects bespoke funds will phase out when the quality of carbon credits is better assured. Frontier Fund has brought widespread attention to the carbon removal space and sends critical demand signals to early carbon removal companies, Supercritical's You said.
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