goodcarbon raises €5.25M for carbon credits platform
Summary
The growth of buying carbon credits to compensate for residual emissions has naturally led to the development of multiple ways and methods of purchasing. In 2022, the primary market for carbon credits is expected to hit $1.2 billion (Trove), and this number is forecast to hit $40 billion by 2040.Founded in 2021, goodcarbon provides a digital investment and trading platform made in Germany. The 5.25M investment aims to expand the companys nature analytics and expertise, strengthen its team, and introduce additional high-quality carbon offsetting projects to the market. "We are thrilled to be part of goodcarbons journey, supporting their mission to provide companies with access to nature-based solutions," says George Duffield from Ocean 14 Capital. We look forward to supporting goodcarbon in enabling more companies to confidently fulfill their net-zero and nature-positive pledges."