Volontary Carbon Market

A new Voluntary Carbon Market Organisation to meet investor’s demand

ClimateCare and Natural Capital Partners merge to form a leading Voluntary Carbon Market organisation. This combination brings together an unrivalled corporate client base with industry-leading project development capabilities and growth capital, to scale the ambition to reduce emissions and transform the global economy

Two of the most well respected and experienced organisations operating in the Voluntary Carbon Market,  ClimateCare and Natural Capital Partners, have come together to form a global leading solutions provider for companies and organisations looking to meet ambitious climate goals. The combined group has been responsible for the reduction of more than 100 million tonnes of CO2e.

The merger, arranged by Averna Capital – a mid-market European Private Equity Firm based in London founded by Richard Tudor and Stephen Green in 2019 – was funded by Averna’s investors in order to bring these two expert organisations together to create a market-leading business in the Voluntary Carbon Market. The group will use its access to capital, global reach, longstanding industry and project development expertise and unrivalled experience working with the world’s largest brands and global companies, to partner with clients and governments to deliver on their ambitious climate and Net Zero goals. Together the group will serve more than 500 clients across six continents and have access to upwards of 600 projects reducing and removing carbon emissions across 56 countries.

The combination of skills and expertise that the merger delivers are key elements in a strategy to further grow and develop the group to meet the increasing global demand for carbon market solutions and deliver greater scale and impact.

ClimateCare is a leader in the global carbon markets and climate change sector which provide businesses and governments with carbon offset services, sustainable development programmes, environmental and social impact measurement and project development. With offices in the UK and Kenya, ClimateCare has an international customer base of clients and works with over 300 high quality projects in 56 countries covering 34 technologies.

“We have long respected the team at Natural Capital Partners (…) for the value and quality of their carbon neutral certification. We look forward to combining our products and services to offer a comprehensive range of solutions that will meet the climate goals of businesses across the world. This is just the first step in our collaborative effort to work towards a truly Net Zero future, and we are excited by the opportunities to build further on this foundation.”

Edward Hanrahan, Chairman at ClimateCare

Through a global network of projects, Natural Capital delivers the high quality solutions to reducing carbon emissions, generating renewable energy, building resilience in supply chains, conserving and restoring forests and biodiversity, and improving health and livelihoods to its 300 clients located in 34 countries (including Microsoft, MetLife, Logitech, PwC and Sky)

“With the increasing client demand for projects of the highest quality and the development of new projects, ClimateCare’s multi award-winning Project Development and Carbon Asset Development teams will further bolster the solutions we offer to guarantee tangible climate impact, sustainable development and the transformation of our global economy.”

Stephen Killeen, Chairman and CEO at Natural Capital Partners

“Together we will be able to accelerate the global impact our clients can make through a comprehensive network of carbon removal and reduction projects and provide them with the reach and scale they need to deliver their climate ambitions.”

Vaughan Lindsay, CEO at ClimateCare

As business action on climate increases, and the Voluntary Carbon Market grows to meet the substantial demand for private sector finance, this merger is meant to create a globalleading organisation with a combination of knowledge, scale, skills and resources to meet that demand.

“When deciding where to invest in this market, it became immediately clear that over the last twenty years, Natural Capital Partners and ClimateCare have always been the benchmark organisations for quality and innovation. Bringing the two expert teams together – and at such a pivotal point in the rapid scaling and evolution of this market – is a critical first step in meeting the unprecedented demand in the Voluntary Carbon Markets globally. The combined client expertise, industry knowledge and project development strategy are key differentiators which makes the group stand above all others and ensures we are able to deliver a real and tangible set of solutions to the climate crisis. It is just the first step in our growth plan, and we look forward to further investing in this market.”

Richard Tudor, Founder Partner at Averna Capital

Source: Averna Capital 

Post Author: Wealth Monaco