Right now Voluntary Carbon Markets (MVC) have the potential to be an innovative, agile and flexible tool at a time when carbon offsetting is one of the key actions to achieve targets Sustainable Development Goals It’s about tackling climate change and it’s almost becoming a necessity for companies and other organisations.
In this context, the Bank of Climate was born, Spanish company that has developed a pioneering platform for the exchange of carbon credits in Spain and the rest of the world. What sets them apart from other marketplaces that offer footprint compensation is that they eliminate middlemen and simplify the process between carbon credit sellers and buyers.
This technology is already operational and targets: provide users with access to the voluntary carbon market. The platform allows companies and individuals to calculate their carbon footprint and offset it through access to certified environmental impact projects.
Bank of Climate already has access to more than one 30 projects in 5 countries: Spain, Brazil, Mexico, Chile, Colombia and Ecuador. Likewise, it started a positioning process in America, thus expanding its international projection.
The company makes long-term private carbon agreements between manufacturers and large companies committed to the fight against climate change. All this will imply the urge for compensation. carbon footprint of other companies and individuals will contribute to the dissemination of sustainability awareness.
“Our business model offers an efficient exchange solution aimed at connecting developers and manufacturers who want to approve their projects and companies or individuals looking to offset their carbon footprints,” said Juan Carlos Sesma, CEO of Bank of Climate. this platform uses blockchain technology based on the securitization of carbon loans To guarantee traceability in compensations.