ClimateTrade https://climatetrade.com/ Carbon Offsetting Solution Thu, 14 Mar 2024 11:57:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://climatetrade.com/wp-content/uploads/2023/04/cropped-favicon-climatetrade-32x32.png ClimateTrade https://climatetrade.com/ 32 32 New SBTi reports guide companies beyond value chain (BVCM) for faster climate action https://climatetrade.com/new-sbti-reports-guide-companies-beyond-value-chain-bvcm-for-faster-climate-action/ Thu, 14 Mar 2024 11:56:28 +0000 https://climatetrade.com/?p=33324 To effectively combat climate change, businesses must significantly reduce emissions not only within their own walls but also throughout their extended supply networks.

La entrada New SBTi reports guide companies beyond value chain (BVCM) for faster climate action se publicó primero en ClimateTrade.

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To effectively combat climate change, businesses must significantly reduce emissions not only within their own walls but also throughout their extended supply networks. 

The climate crisis is a pressing global issue, with the world sitting on the edge of surpassing the critical 1.5°C warming threshold. Businesses will need to play a more active part than ever, reducing emissions from their own operations but also exploring avenues to go beyond their value chains and contribute to broader climate solutions.

What is Beyond Value Chain Mitigation (BVCM)?

The Science Based Targets initiative (SBTi) introduces Beyond Value Chain Mitigation (BVCM) as a strategic mechanism for businesses to accelerate global progress towards net-zero emissions. BVCM refers to actions or investments a company undertakes outside its direct value chain that contribute to reducing greenhouse gas (GHG) emissions or removing and storing them from the atmosphere. This can encompass various activities, such as:

1/Funding innovative carbon capture and storage technologies like Direct Air Capture (DAC).

2/Supporting conservation projects focused on protecting natural carbon sinks like peatlands and mangroves.

3/Investing in renewable energy infrastructure projects in developing countries.

sbti

The SBTi’s Corporate Net-Zero Standard outlines four pillars for companies to achieve net-zero:

1 – Near-term science-based targets (SBTs): Setting ambitious 5-10 year emission reduction goals within the company’s value chain.

2 – Long-term science-based targets (SBTs): Developing long-term plans to reduce emissions within the value chain to near zero by 2050.

3 – Beyond Value Chain Mitigation (BVCM): Implementing strategies to address emissions beyond the company’s direct operations.

4 – Neutralization of residual emissions: Offsetting any remaining emissions through permanent removal and storage of carbon dioxide.

Actionable Insights that Empower Businesses to Embrace BVCM

The SBTi has released two new reports to equip companies with the knowledge and tools needed to design and implement effective BVCM strategies. These reports aim to mobilize increased corporate action towards tackling climate change.

Above and Beyond: An SBTi report on the design and implementation of BVCM

This report provides a comprehensive guide for companies on crafting and executing BVCM strategies. It explores the business case for BVCM, outlines the steps involved in making a BVCM pledge, and showcases real-world examples of companies across various sectors successfully implementing BVCM initiatives.

Beyond environmental responsibility, BVCM offers tangible benefits for companies. By actively managing climate risks and supporting the transition to a low-carbon economy, businesses can enhance their long-term resilience and profitability. Additionally, companies that embrace BVCM can attract and retain talent increasingly concerned about sustainability efforts.

The “Above and Beyond” report outlines a clear roadmap for companies to initiate their BVCM journey. This includes conducting a comprehensive assessment of the company’s environmental footprint, identifying high-impact BVCM opportunities aligned with the company’s core values and business strategy, and setting measurable targets and timelines for implementation.

Raising the Bar: An SBTi report on accelerating corporate adoption of BVCM.

This report explores the broader ecosystem of climate action stakeholders, including policymakers, civil society organizations, and academia. It examines the factors that incentivize or hinder corporate adoption of BVCM and proposes a toolbox for accelerating its implementation. Additionally, the report offers recommendations for various stakeholders, fostering a collaborative approach to scaling up corporate climate finance directed towards BVCM solutions.

The “Raising the Bar” report emphasizes that widespread corporate adoption of BVCM requires a supportive ecosystem. Policymakers can incentivize BVCM through carbon pricing mechanisms and tax breaks for sustainable investments. Civil society organizations can raise awareness about BVCM and promote best practices, while academia can provide crucial research and development on innovative climate solutions.

Why BVCM Matters?

While tackling emissions within their value chains is a critical first step, businesses have a significant opportunity to accelerate climate action by embracing Beyond Value Chain Mitigation (BVCM) strategies. Here’s a deeper dive into why BVCM matters:

Faster Progress Towards Net-Zero: The current pace of emission reductions within individual companies is simply not enough to achieve the ambitious global net-zero targets set by the Paris Agreement. BVCM allows businesses to amplify their impact by supporting emission reduction and removal activities beyond their direct control. By financing renewable energy projects in developing countries or investing in innovative carbon capture and storage technologies, companies can contribute to a larger pool of climate solutions, collectively accelerating the global shift towards a net-zero future.

Enhanced Reputation and Long-Term Value: Consumers and investors are increasingly prioritizing sustainability in their decision-making. Companies that demonstrate leadership in climate action through robust BVCM strategies can enhance their brand reputation and attract a wider pool of environmentally conscious customers and investors. Studies have shown a positive correlation between strong sustainability practices and financial performance, with companies embracing BVCM potentially securing a competitive advantage in the long run.

Unlocking New Opportunities and Mitigating Risks: Climate change poses a significant threat to businesses, disrupting supply chains, impacting resource availability, and increasing extreme weather events. BVCM allows companies to proactively manage these risks by investing in climate-resilient solutions and fostering innovation in low-carbon technologies. Additionally, by supporting the development of a sustainable and low-carbon economy, BVCM can unlock new business opportunities and markets for companies positioned at the forefront of climate solutions.

Addressing Scope 3 Emissions: A company’s environmental footprint extends beyond its direct operations (Scope 1 & 2 emissions) to encompass the emissions generated throughout its entire value chain (Scope 3 emissions). These Scope 3 emissions can be significant and often complex to address. BVCM provides businesses with a strategic tool to tackle these indirect emissions by supporting initiatives that reduce emissions across the broader supply chain or offset them through carbon removal projects.

Leveraging Collective Action: BVCM is not a solitary approach, By engaging in BVCM strategies, businesses can connect with a broader network of stakeholders committed to climate action. This can include collaboration with other companies on joint initiatives, partnerships with NGOs on specific projects, or advocacy efforts aimed at influencing policy change. This collective action strengthens the overall impact of BVCM efforts and supports a more collaborative approach to tackling the climate crisis.

La entrada New SBTi reports guide companies beyond value chain (BVCM) for faster climate action se publicó primero en ClimateTrade.

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How to become a ClimateTrade affiliate and generate additional revenue https://climatetrade.com/how-to-become-a-climatetrade-affiliate-and-generate-additional-revenue/ Mon, 04 Mar 2024 10:52:55 +0000 https://climatetrade.com/?p=32975 Turn your passion for sustainability into profit. ClimateTrade affiliates earn 5% commission on every transaction they bring to our marketplace.

La entrada How to become a ClimateTrade affiliate and generate additional revenue se publicó primero en ClimateTrade.

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Turn your passion for sustainability into profit. ClimateTrade affiliates earn 5% commission on every transaction they bring to our marketplace.

In recent years, the global spotlight has increasingly turned towards sustainability, as businesses and individuals address environmental challenges. This heightened awareness of climate change, biodiversity loss, and other ecological issues has spurred a collective call to action for more responsible and sustainable practices.

With a diverse portfolio of climate action projects spanning carbon credits to biodiversity conservation initiatives, ClimateTrade empowers businesses and individuals to take tangible steps towards sustainability. By providing access to verified and impactful projects, ClimateTrade enables its partners to make meaningful contributions to environmental conservation and climate mitigation efforts.

In this article, we will explore the concept of becoming a ClimateTrade affiliate and examine how individuals and businesses can seize this opportunity to align with their sustainability goals while unlocking new revenue streams. 

What is the future of voluntary carbon markets?

Who is eligible to become a ClimateTrade affiliate?

Eligibility to become a ClimateTrade affiliate is open to a diverse range of professionals and businesses committed to advancing sustainability initiatives. This includes resellers such as sustainability advisors, consultants, carbon accounting platforms, and sustainability information/data systems. Additionally, event organizers, PR agencies, media companies, and production companies are also eligible to join ClimateTrade’s affiliate program. Whether you specialize in providing sustainability solutions, managing events, or communicating environmental initiatives to the public, ClimateTrade offers an opportunity for individuals and organizations across various sectors to align with their sustainability goals while earning additional revenue through affiliate partnerships.

What are the benefits of becoming an affiliate?

Becoming a ClimateTrade reseller presents a range of benefits that extend beyond mere revenue generation, offering a unique opportunity to align with sustainability goals while enhancing business offerings.

-A flexible partnership

The ClimateTrade affiliate programme is built on flexibility. Allowing you to tailor your partnership according to your specific needs and business model. Unlike rigid reseller models, ClimateTrade collaborates closely with you to ensure a perfect fit, fostering a mutually beneficial relationship that accelerates positive impact on our planet. You will have the opportunity to resell climate projects from our marketplace or our API SaaS solutions.

-Access to the most extensive project portfolio

As a ClimateTrade reseller, you gain access to the largest portfolio of climate action projects globally. Whether your focus lies in carbon credits, biodiversity preservation, or plastic credits, our extensive range covers various price points, locations, and registries. This diversity ensures that you can confidently cater to the needs of both your business and your customers, offering a comprehensive and varied selection of sustainable projects.

– Enhance your brand’s reputation with a network of success stories

Additionally, aligning with ClimateTrade bolsters your company’s reputation as a sustainability-focused business. You will be able to actively contribute to your clients reaching carbon neutrality. When you join our network of success stories, you will showcase your commitment to driving environmental change and delivering tangible results. This association not only enhances your brand’s image but also solidifies your position as a forward-thinking leader in sustainability.

– Empower your clients with diverse and impactful sustainability solutions.

ClimateTrade offers a 360° sustainability service, allowing resellers to expand their offerings beyond their core business. This comprehensive approach enables you to provide additional services such as helping your customers reach carbon neutrality. These solutions will complement your existing portfolio, enriching your value proposition to customers. By diversifying and excelling in the sustainability space, you position yourself as a trusted partner capable of addressing multifaceted environmental challenges.

–  A fully digitized marketplace that empowers resellers to search and select the best projects.

Harness the power of technology with ClimateTrade’s digitized marketplace, with intuitive search and selection features, resellers can effortlessly navigate through our extensive portfolio to find projects that align with their clients’ needs and values. This digital platform streamlines the project selection process, offer the most relevant and impactful solutions to your clients.

– Personalized and branded offsetting certificates, you can issue to your clients

Provide a unique touch to your client interactions by issuing personalized and branded offsetting certificates through ClimateTrade. These certificates not only demonstrate your commitment to sustainability but also serve as tangible proof of your clients’ environmental contributions

 – Flexibility to choose how you spend your rewards

ClimateTrade affiliates can choose to withdraw their 5% referral fee or keep it in their account to use towards future purchases of carbon credits, empowering them to tailor their approach to suit their unique business needs.

How to get started and join our affiliate program

Becoming an affiliate or reseller with ClimateTrade is a simple process, outlined in five easy steps:

1 – Log in to My ClimateTrade: Access the Affiliate Center on the platform to initiate your journey.

2 – Review Program Details: Familiarize yourself with the documentation related to the affiliate program and accept the Terms and Conditions.

3 – Explore Your Affiliate Dashboard: Gain access to your unique referral code, create referral links, and utilize various tools to track your progress.

4 – Leverage Our Tools: Gain insights into referral purchases and processes, ensuring transparency and efficiency in your operations.

5 – Enjoy Your Rewards: Earn a 5% referral fee for each successful referral sale, adding value to your business and enhancing your revenue stream.

Empower your clients with our climate API

ClimateTrade affiliates can further enhance their offerings and empower their clients by leveraging our API. Whether you’re a technology company seeking to provide sustainable solutions or a climate action platform aiding companies in managing their Scope 3 emissions, our API, powered by blockchain technology, offers a seamless solution. This plug-and-play tool seamlessly integrates into various ecosystems, providing customizable carbon footprint calculations and support for climate action projects. By incorporating our API into your services, you can provide your clients with transparent and customizable solutions tailored to their specific needs. With ClimateTrade’s API, it’s all about empowering your end clients while ensuring transparency and facilitating meaningful climate action.

Why you should join our affiliate programe today

ClimateTrade offers the largest portfolio of climate action projects in the world, including carbon credits, biodiversity, and plastic credits, among others. Our platform provides unparalleled flexibility for resellers, empowering them with multiple collaboration options. They can resell our solutions, including SaaS API and calculators, as well as access our extensive marketplace of projects. We are the only company to transparently communicate about our affiliate program, detailing how it works, the percentage, and the benefits it offers.

Our end-to-end process is fully digitalized, streamlining operations and enhancing efficiency. Resellers can issue certificates on behalf of their end-customers, further simplifying the process and adding value to their offerings. With ClimateTrade, resellers not only enhance their offerings but also their reputation, backed by our 360° sustainability service and commitment to transparency.

La entrada How to become a ClimateTrade affiliate and generate additional revenue se publicó primero en ClimateTrade.

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Introducing the world’s first climate action SaaS solution https://climatetrade.com/introducing-the-worlds-first-climate-action-saas-solution/ Thu, 29 Feb 2024 12:12:15 +0000 https://climatetrade.com/?p=32894 ClimateTrade is shaping the climate SaaS market by pioneering the world's first climate SaaS, empowering all businesses to seamlessly integrate sustainable practices into their operations.

La entrada Introducing the world’s first climate action SaaS solution se publicó primero en ClimateTrade.

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ClimateTrade is shaping the environmental market by pioneering the world’s first climate SaaS, empowering all businesses to seamlessly integrate sustainable practices into their operations.

The rise of Software as a Service (SaaS) has revolutionized the way companies manage and deploy their resources, enabling them to do so quickly and efficiently. With SaaS solutions, businesses can access a wide array of tools and functionalities without the need for extensive infrastructure or costly upfront investments. This flexibility allows companies to scale their operations seamlessly, adapting to changing demands and market dynamics with ease. The subscription-based model of SaaS empowers businesses to stay agile, providing access to the latest updates and innovations without the burden of traditional software maintenance.  

Shaping the climate SaaS market 

In today’s climate-conscious world, where sustainability has become a key priority for both businesses and their customers, it begs the question: Why has there not been a dedicated climate SaaS market until now? Despite the growing urgency to address environmental challenges, the integration of climate action into the SaaS format has been surprisingly absent. Perhaps this gap can be attributed to the complexity of sustainability initiatives and the lack of accessible tools tailored to businesses of all sizes. Additionally, traditional software solutions may have overlooked the specific needs of companies seeking to incorporate climate action into their operations seamlessly.

ClimateTrade has once again broken new ground in the climate market by pioneering the world’s first climate SaaS solutions. With our innovative approach, we’ve made it easier than ever for organizations of all sizes to adopt and implement climate initiatives in a cost-effective and accessible manner. By digitizing the process, we’ve eliminated barriers to entry, ensuring that businesses can seamlessly integrate climate action into their operations with just a few clicks. Our tiered pricing structure caters to every budget, offering solutions for each pocket and empowering organizations to make a positive impact on the planet without breaking the bank. With ClimateTrade, sustainability is no longer a luxury reserved for the few but a practical and achievable goal for all.

Climate SaaS

Project: Voluntary Biodiversity Credits by Terrasos Banco de Hábitat, Bosque de Niebla – El Globo

How can technology solve climate change? 

Integrating ClimateTrade’s SaaS API offers unique advantages that set businesses apart in their climate action endeavors. Firstly, our API is backed by the largest climate action portfolio globally, presenting users with a diverse array of impactful projects sourced from around the world. By tapping into ClimateTrade’s Marketplace, users bypass the challenge of project sourcing, accessing over 200  projects covering various technologies, locations, pricing models, and impact metrics. This comprehensive platform has already offset over 6 million tons of CO2, providing users with unparalleled options to combat climate change effectively. Secondly, our SaaS API provides access to ‘MyClimateTrade,’ a robust data hub empowering companies to harness their sustainability data confidently. This feature addresses a common pain point by facilitating the measurement of ROI on ESG investments, crucial for demonstrating environmental commitment to stakeholders, investors, and regulatory bodies. Lastly, our API offers certification for enhanced transparency, providing users with personalized certificates that offer micro-transaction visibility. This transparency boosts sustainability initiatives, offering tangible evidence of environmental responsibility to stakeholders and customers. 

Pioneering climate SaaS plans for all

Our new tiered SaaS pricing empowers businesses have the flexibility to choose a plan that aligns with their unique needs and aspirations. Whether an SMB venturing into sustainability for the first time or a corporate powerhouse seeking to amplify their environmental impact, there’s a pricing tier tailored to every ambition.

Basic Plan:

Our entry level plan is ideal for businesses looking to kickstart their sustainability journey. It provides essential carbon offsetting tools, allowing companies to take crucial steps towards reducing their carbon footprint. With a focus on simplicity and accessibility, this plan is ideal for startups and SMBs seeking to embrace climate action without complexity. It offers an efficient and cost-effective solution for companies at the beginning of their sustainability efforts.

Business Plan:

Stepping up to the Business plan unlocks a range of enhanced features and capabilities tailored for SMBs and corporates. In addition to essential offsetting tools, this plan includes standard carbon footprint calculators, marketing assets to promote sustainability initiatives, and a generous package of API requests. With dedicated Account Manager support from ClimateTrade, businesses can leverage these tools to demonstrate their commitment to environmental responsibility and differentiate themselves in the market. The Business plan offers a comprehensive solution for companies ready to elevate their sustainability efforts.

Enterprise Plan:

At the pinnacle of ClimateTrade’s offerings, the Enterprise plan provides fully customizable solutions for large corporations seeking personalized sustainability strategies. With a suite of advanced features, including customized calculators, certificates, marketplace access, and consulting services, this plan empowers organizations to lead the way in climate action. Tailored to meet unique requirements and backed by dedicated account management, the Enterprise plan offers unparalleled flexibility and scalability. 

At the heart of ClimateTrade’s mission lies a commitment to making climate action accessible to all. The introduction of our tiered pricing structure marks a significant milestone in this journey. No longer reserved for industry giants alone, climate action is now within reach for businesses of every size and scale. Traditionally, committing to climate action has been shrouded in complexity, with prohibitive costs often acting as a barrier to entry, our latest, scalable solutions are transparent and affordable. ClimateTrade exists to pave the way for businesses of all sizes to become catalysts for change. As more companies join the ranks of climate-conscious pioneers, the potential for transformative impact grows exponentially. 

La entrada Introducing the world’s first climate action SaaS solution se publicó primero en ClimateTrade.

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The role of carbon credits in corporate environmental leadership https://climatetrade.com/the-role-of-carbon-credits-in-corporate-environmental-leadership/ Thu, 15 Feb 2024 14:19:12 +0000 https://climatetrade.com/?p=32750 Carbon credits are crucial for environmental leadership, but success hinges on prioritizing transparency and integrity in corporate sustainability efforts.

La entrada The role of carbon credits in corporate environmental leadership se publicó primero en ClimateTrade.

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Carbon credits are crucial for environmental leadership, but success hinges on prioritizing transparency and integrity in corporate sustainability efforts

Environmental awareness is increasing worldwide and the effects of climate change are having far-reaching implications on stakeholders, including customers, investors, and regulators who are increasingly scrutinizing corporate environmental practices. While organizations should seek to reduce or remove carbon emissions as a result of their business, they are unlikely to be able to do this for 100% of their operations. In this context, the role of carbon credits in facilitating corporate environmental leadership has become more prominent than ever before. 

How do carbon credits offset emissions?

Carbon credits represent a mechanism for reducing greenhouse gas emissions by enabling the trading of emissions reductions. Essentially, when a company takes actions to reduce its carbon footprint, such as investing in renewable energy projects or implementing energy efficiency measures, it earns carbon credits equivalent to the amount of emissions it has avoided or mitigated. These credits can then be sold or traded on the carbon market, providing financial incentives for emission reduction initiatives. While some corporations engage in voluntary carbon offsetting initiatives to enhance their environmental credentials and differentiate themselves in the market, others may be required to offset their emissions by regulatory mandates or industry standards. 

Corporate environmental responsibility and CEO concerns

Corporate environmental responsibility has become a cornerstone of modern business strategy. Companies are under increasing pressure to demonstrate their commitment to sustainability, not only to meet regulatory requirements but also to align with consumer preferences and investor expectations. According to the latest Global CEO Survey by PWC, 45% of CEOs express concerns about the long-term viability of their companies if they continue on their current path. This sense of urgency reflects the growing recognition of the need for action to address climate change and other environmental challenges.

Benefits of carbon credits for corporations

The adoption of carbon credits offers several benefits for corporations. Firstly, it enhances corporate reputation and brand value by showcasing a proactive approach to environmental stewardship. Secondly, it enables companies to attract environmentally-conscious consumers who prioritize sustainability in their purchasing decisions. Thirdly, investing in emissions reduction initiatives and purchasing carbon credits can lead to long-term cost savings by improving energy efficiency and reducing operational expenses. Additionally, by proactively addressing their carbon footprint, companies can mitigate financial risks associated with future carbon pricing mechanisms and regulatory compliance.

How do you integrate sustainability into a business strategy?

Effective integration of carbon credits into corporate sustainability strategies requires a holistic approach that encompasses setting ambitious emissions reduction targets, investing in renewable energy projects, implementing energy efficiency measures, and engaging in carbon offsetting initiatives. By aligning carbon offsetting activities with broader sustainability objectives, companies can maximize the environmental and social benefits of their initiatives while enhancing business value and resilience.

What is the role of the CEO in climate change?

The findings of PWC’s Global CEO Survey reveal a sense of urgency among business leaders regarding the long-term viability of their companies. Despite an optimistic outlook on global economic growth, a significant proportion of CEOs express doubts about the sustainability of their current business models. The survey indicates that CEOs are increasingly prioritizing climate-friendly investments, with four in ten reporting lower hurdle rates for such initiatives compared to other investments. This demonstrates a willingness among CEOs to make complex trade-offs in pursuit of sustainability goals.

Is climate change a mega trend?

Climate change stands out as one of the most significant megatrends driving corporate reinvention efforts. While many CEOs have initiatives underway to improve energy efficiency and innovate climate-friendly products or services, there are notable gaps in climate action planning. For instance, a substantial number of CEOs have not yet incorporated climate risk into financial planning or considered the broader implications of climate change on their supply chains. This highlights the imminent need for a more comprehensive approach to climate adaptation and resilience.

What are the benefits of nature-based solutions?

A key aspect of addressing climate change involves harnessing nature-based solutions. With an estimated 55% of global GDP moderately or highly dependent on nature, the value of nature-positive business models cannot be overstated. Nature-based solutions, such as reforestation, not only help capture emissions but also enhance biodiversity, support local communities, and mitigate financial risks associated with nature dependence. As companies explore opportunities to align climate and nature priorities, they can create value while contributing to broader societal and environmental goals.

Nature related financial risk is estimated in the region of 45 trillion, and yet investing in nature-based climate solutions, according to the CEO’s surveyed is currently bottom of the priority list when it comes to their companies climate action. PWC is suggesting this is a blind spot for businesses and they go on to highlight an opportunity for organizations to address both climate and nature priorities through projects like reforestation and biodiversity financing.

What is net zero adoption?

In the absence of stringent government regulations on greenhouse gas emissions, an increasing number of companies are adopting net zero targets. More than one-third of the world’s largest publicly held companies have committed to reducing their emissions to net zero, signaling a shift towards greater corporate accountability for climate action. These targets typically involve a combination of emission reduction measures and the purchase of carbon offsets to neutralize remaining emissions. However, navigating the carbon credit market can pose challenges due to its complexity and lack of standardized practices. ClimateTrade offers a unique proposition as an open and transparent platform for the carbon market. Our centralized and fully digitized marketplace adheres to stringent voluntary carbon market (VCM) standards and promotes transparency at every step, we exist to empower corporations to navigate the carbon credit landscape with confidence and integrity.

La entrada The role of carbon credits in corporate environmental leadership se publicó primero en ClimateTrade.

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World Energy Day: ClimateTrade spearheads renewable energy through clean energy certificates (EAC’s) https://climatetrade.com/world-energy-day-climatetrade-spearheads-renewable-energy-through-clean-energy-certificates-eacs/ Wed, 14 Feb 2024 14:53:52 +0000 https://climatetrade.com/?p=32706 Spain Surpasses 2022 Renewable Energy Goals, ClimateTrade Leads with Innovative Green Energy Solutions

La entrada World Energy Day: ClimateTrade spearheads renewable energy through clean energy certificates (EAC’s) se publicó primero en ClimateTrade.

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Spain Surpasses 2022 Renewable Energy Goals, ClimateTrade Leads with Innovative Clean Energy Solutions

– Spain surpasses 2022 renewable energy production by November 2023, marking a significant growth in green energy production.

– Clean Energy Certificates (EACs) have become a vital tool for companies seeking to enhance sustainability efforts, providing transparency, cost-efficiency, and regulatory compliance.

– ClimateTrade empowers multinational Spanish companies as the leading provider of IRECs

VALENCIA, Spain – February 14, 2024 – Making significant progress towards sustainable energy, Spain has surpassed its 2022 renewable energy production in just the first eleven months of 2023, according to data released by Red Eléctrica. This achievement marks a remarkable growth in the country’s renewable energy production, with green energy now constituting nearly half of Spain’s total electricity output. ClimateTrade is accelerating the renewable energy movement by offering a comprehensive selection of Energy Attribute Certificates (EACs) that exemplify the country’s commitment to clean energy. With a diverse portfolio of projects spanning several continents, ClimateTrade is the leading I-RECs provider – a specific type of EACs – in Spain. 

Alejandro Rodriguez, Head of Supply at ClimateTrade, remarked, “Spain’s rapid progress in renewable energy production is a testament to the country’s commitment to sustainability. At ClimateTrade, we are proud to be at the forefront of this movement, offering comprehensive International RECs (I-RECs) that facilitate the transition to renewable energy sources for multinational companies with operations in Latin America.”

What are Energy Attribute Certificates and how do they work? 

Renewable Energy Certificates, also known as Energy Attribute Certificates (EACs), serve as proof of electricity generated from renewable sources such as solar or wind farms. These certificates play a key role in the renewable energy market, allowing buyers to highlight their commitment to sustainability while reducing their environmental impact.

EACs are issued as proof of electricity produced from renewable sources. Each EAC proves that 1 MWh has been generated and fed into the grid from a renewable source. Globally, EACs go by many different names. In most European countries, EACs are known as Guarantees of Origin (GOs). In the United Kingdom, they are called Renewable Energy Guarantees of Origin (REGOs), and in the United States and Canada they are called Renewable Energy Certificates (RECs). International RECs (I-RECs) as well as Tradable Instruments for Global Renewables (TIGRs) can be found in several Latin American, African, and Asian countries and are very useful for companies that have offices and/or factories in these regions.

Simplifying the Process of Purchasing Renewable Energy Certificates

ClimateTrade is ensuring that the process of buying EACs on their marketplace is straightforward. Firstly, you would determine how much electricity you consume in each market. Next, choose a project that aligns with your company values and buy the quantity of EACs in your preferred market equal to your electricity consumption. (1 EAC is equivalent to 1 MWh.) Then finally, claim the consumption of renewable energy and receive a personalized certificate that authenticates and traces your purchase back to its source. 

Understanding the sources and impact of Energy Attribute Certificates

EACs are issued by electricity grid operators or other bodies in charge of measuring and verifying renewable energy production. Every time a MWh of renewable energy is produced, an EAC is issued and can be sold on the renewable energy market. In the renewable energy market, EACs become an exchange currency. Renewable energy suppliers can sell EACs to non-renewable energy suppliers who need to meet renewable energy requirements set by governments. Non-renewable energy suppliers buy EACs to make up for their lack of renewable energy and meet their clean energy targets.

Explaining the significance of EACs, Rodriguez stated, “EACs provide a seamless solution for companies on their path to decarbonization, specifically for those aiming to tackle Scope 2 emissions and transition to renewable energy sources. They offer transparency, accountability, and compliance with major sustainability initiatives, making them a vital tool for businesses committed to reducing their carbon footprint.”

ClimateTrade – the first point of call for EAC’s in Spain

ClimateTrade offers a diverse portfolio of EACs, including hydropower, wind, and solar projects, ensuring a wide range of options to suit various energy needs. With a global presence, ClimateTrade reinforces its commitment to local communities and sustainable development by facilitating the adoption of renewable energy at the point of origin.

ClimateTrade projects not only play a central role in combating climate change but also actively contribute to the realization of several United Nations Sustainable Development Goals. These initiatives help to ensure access to affordable and clean energy (SDG 7), foster innovation and sustainable industrialization (SDG 9), promote the development of sustainable cities and communities (SDG 11), and urgently addressing climate action (SDG 13).

What are the benefits for Spanish companies purchasing EAC’s to tackle scope 2 emissions? 

Energy Attribute Certificates (EACs) offer a multitude of benefits for companies seeking to tackle Scope 2 emissions and transition to renewable energy sources. 

Firstly, they provide a seamless solution for flexible consumers, as they do not necessitate any changes to existing electricity procurement processes. This ensures continuity in operations while facilitating the shift towards sustainability. Additionally, EACs are cost-efficient, offering a low-cost approach to sourcing renewable electricity compared to other renewable energy procurement methods. 

Their ease of deployment enables companies to rapidly achieve their renewable energy targets, particularly in regions where traditional solutions may be challenging or unavailable. Moreover, EACs provide traceability, allowing companies to reliably track each megawatt-hour (MWh) of renewable energy from generation to consumption, ensuring transparency and accountability in their sustainability efforts.

By adhering to recognized standards set by major sustainability initiatives such as CDP, RE100, WRI, and SBTis, EACs offer assurance of compliance and credibility.

Positioned as a vital decarbonization tool for Scope 2 emissions, EACs are especially pertinent for companies with significant energy consumption, such as technology companies or organizations with large data centers, offering a practical and effective means to reduce their carbon footprint and advance their sustainability goals.

On World Energy Day, ClimateTrade CEO and Co-Founder Francisco Benedito emphasized the importance of partnering with ClimateTrade to embrace renewable energy solutions that not only drive positive impact but also align with companies’ overarching corporate sustainability objectives. Benedito said “ ClimateTrade is proud to be the leading provider of EAC’s in Spain. By purchasing any type of Energy Attribute Certificates (EACs), companies not only contribute to reducing carbon footprints and supporting renewable energy industries but also stand to benefit from long-term cost savings and regulatory compliance.”

EACs are an attractive option for companies in Spain that are committed to enhancing their sustainability efforts, especially on a day dedicated to raising awareness about global energy challenges and solutions. Visit the ClimateTrade marketplace today to explore their selection of renewable energy projects. 

ClimateTrade marketplace project – renewable energy from wind plants in the USA.

La entrada World Energy Day: ClimateTrade spearheads renewable energy through clean energy certificates (EAC’s) se publicó primero en ClimateTrade.

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Heal R World and ClimateTrade partner to empower SMEs with the world’s largest carbon offset portfolio https://climatetrade.com/heal-r-world-and-climatetrade-partner-to-empower-smes-with-the-worlds-largest-carbon-offset-portfolio/ Mon, 05 Feb 2024 10:58:06 +0000 https://climatetrade.com/?p=32605 The initiative is a recognition from both companies of climate risks as the most pressing threat to people and the planet.

La entrada Heal R World and ClimateTrade partner to empower SMEs with the world’s largest carbon offset portfolio se publicó primero en ClimateTrade.

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The joint initiative is a recognition from both companies of climate risks as the most pressing threat to people and the planet.

(VALENCIA, SPAIN, February 5, 2024) – Heal R World, a leading advocate for sustainable business practices, is thrilled to announce its strategic partnership with ClimateTrade, a pioneer in the field of carbon offsetting and blockchain based climate solutions. This collaboration exists to drive climate conscious business decision making and bring together two entities that are committed to driving decarbonization and climate impact on a global scale. 

The Global Risk Report 2024 by the World Economic Forum, declared climate issues as some of the most pressing threats to mankind over the next two to ten years. Recognizing the critical need for swift and impactful action, the collaboration between Heal R World and ClimateTrade aligns with the global call to address climate risks and provides a tangible solution for businesses to proactively contribute to mitigating these imminent challenges.

Heal R World has been at the forefront of promoting sustainability and conscious consumerism, empowering small and medium-sized enterprises (SMEs) to make eco-friendly choices. Through its collaboration with ClimateTrade, the company aims to further strengthen its commitment to environmental responsibility by addressing the carbon footprint of companies within its business network. 

One of the primary focuses of this partnership is to educate SMEs about their carbon footprint and raise awareness about the environmental impact of their operations. Heal R World will leverage its expertise to provide valuable insights and guidance, helping these businesses understand and quantify their carbon emissions.

Heal R World, in collaboration with ClimateTrade, will offer practical solutions for SMEs to not only calculate but also offset their carbon footprint. By providing accessible tools and resources, the partnership aims to make it easier for businesses to take meaningful steps towards sustainability. ClimateTrade is the only carbon offsetting platform offering personalized offsetting certificates to individuals and businesses who contribute. These certificates act as tangible evidence of their impact, presenting comprehensive project details, the offset amount of CO2 emissions, and a direct link to the blockchain transaction record, ensuring transparency and accountability in every environmental commitment.

ClimateTrade, known for being pioneers in the climate technology and the voluntary carbon market have built the world’s largest carbon offsetting marketplace, a portfolio that hosts over 200+ projects that seek to compensate for the detrimental effects of climate change through carbon mitigation, biodiversity conservation and renewable energy initiatives. Built on blockchain technology, their Marketplace empowers the private sector to channel vital green investment to projects and places that need it most, while offsetting the negative emissions generated by their business.

Heal R World and ClimateTrade partner to empower SMEs with the world’s largest carbon offset portfolio

ClimateTrade project: Carbon sequestering from soil, Puerto Rico 

“We believe that conscious consumerism and sustainable business practices go hand in hand. Our collaboration with ClimateTrade is a natural progression in our mission to create a positive impact on the environment. By joining forces, we are not only educating businesses about their carbon footprint but also providing them with practical solutions to reduce and offset their impact,” said Michele Bongiovanni, Founder and CEO, Heal R World.

“We are excited to partner with Heal R World in our shared commitment to make climate action accessible to businesses of all sizes. We aim to scale our impact by combining resources and empower a growing community of conscious SMEs,” said Francicso Benedito, CEO and Co-Founder, ClimateTrade.

Heal R World and ClimateTrade are united in their vision to drive positive change and create a more sustainable future. Together, they are confident that this collaboration will inspire more businesses to join the movement towards environmental responsibility. 

About Heal R World
A catalyst for sustainable business practices, Heal R World specializes in empowering small and medium-sized enterprises (SMEs) to embrace eco-conscious decisions. Dedicated to cultivating a global community of conscious consumers, the company collaborates with like-minded organizations to address climate change challenges. Founded on principles of social and environmental impact, Heal R World actively contributes to creating positive change globally. The company’s initiatives concentrate on raising awareness, providing educational resources, and offering practical tools for businesses to measure and offset their carbon emissions.

About ClimateTrade
ClimateTrade is on a mission to make climate action accessible to everyone. With an extensive suite of climate technology solutions, they empower individuals and businesses to measure their environmental impact and offset their carbon footprint efficiently and transparently. Their marketplace facilitates large-scale decarbonization by connecting project developers with climate champions. Committed to creating a positive impact, ClimateTrade’s platform hosts the world’s largest directory for environmental projects. This commitment is exemplified through a holistic  approach, sourcing renewable energy, biodiversity initiatives, and pioneering projects like carbon-forward technology. ClimateTrade operates with complete transparency and traceability, enabling users to make informed choices about the projects they support. ClimateTrade takes pride in significant environmental achievements, having removed/absorbed over 6 million tons of CO2. This success solidifies their position as the host of the world’s largest climate Marketplace.

For media enquiries, please contact:

ClimateTrade 
Viviane Farabotti
Head of Marketing 
viviane@climatetrade.com

Heal R World 
Lisa Roberson-Beery
Vice President of Impact
lisa@healrworld.com

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