Upon the conclusion of the COP26 conference in Glasgow, Scotland, 632 of the world’s largest 2000 public companies by revenue announced plans to achieve Net Zero greenhouse gas emissions.¹²

Even more corporations will likely sign on for these goals in the future as major financial superpowers that manage trillions of dollars, such as the US Federal Reserve¹³ and mega-funds such as Blackrock and Vanguard¹⁴ have signalled the utmost importance of taking climate goals seriously.

To meet these goals, at least two-thirds of companies will need to lean on voluntary carbon credits to get there.¹⁵

And because so many corporations will be chasing the same limited supply of high-quality carbon credits, we’re about to witness a true example of what’s known as a “Giffen Good”¹⁶—a very rare type of commodity whose demand rises when prices rise and falls when prices fall.

Corporations can’t exactly substitute an “oxygen credit” for a carbon credit when the latter is no longer available.

Many experts are already calling for significant price hikes in carbon to come very soon.

According to a recent Nature journal study,¹⁷ US carbon prices should be 3.6x higher than they currently are, with prices closer to $185.¹⁸

As demand for Voluntary Carbon Markets (VCM) credits increases, so does the price, further increasing demand… hence, we have a Giffen Good.

But not all carbon credits are created equal, and those that are buying VCM’s are seeking more transparency and tangible social development additionalities that go beyond nature-based projects

Corporate buyers require additional transparency, standardization and accountability from VCM vendors.¹⁹

There have already been calls for restrictions on using older, lower-quality credits,²⁰ including nations putting moratoriums on certain kinds of credits.²¹

Not to mention the number of scams taking place in the market from dodgy vendors slinging fraudulent credits.^{22 23}

The fact is, in order to meet the demand for carbon credits, project development would need to ramp up at an unprecedented rate. And at present, most of the potential supply of avoided nature loss and nature-based carbon sequestration is within a small number of countries.

And these challenges are expected to cause a huge drop in the world’s estimated supply of carbon credits per year by 2030,²⁴ which is where this company comes in.

This company has a clear path for scale and growth potential through household devices (cookstoves and water purifiers), afforestation, reforestation and blue carbon projects, as well as leveraging current and anticipated pipelines from proven biodigesters and bio-fuels and introducing new products and verticals such as biochar and capture/sequestration technologies.

The company also has made strategic acquisitions and alliances with AirCarbon, Abaxx Technologies, and HCBL.