Read previewA startup that helps financial institutions and corporations invest in nature regeneration projects has raised $14 million in Series A funding. Carbon credits represent one metric tonne of CO2 removed from the atmosphere, typically bought up by companies looking to reach net zero. Potential investors — financial institutions and corporations — can then choose to back a regeneration project on that land. AdvertisementThe voluntary carbon market, where carbon credits are traded, has become popular in recent years as companies race to reach their climate commitments. It also takes a slice of carbon credits sold by projects it helps to set up.

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Persons: —, Mark Carney, Morgan Stanley, Manuel Piñuela, Cultivo, Piñuela, Peña Verde Organizations: Service, Business, Bank of England, Cultivo, MassMutual Ventures, Octopus Energy, Salkantay Ventures, Peña Locations: San Francisco