Consultia’s new Destinux Green carbon offsetting functionality was developed in collaboration with ClimateTrade.   Madrid, October 19 2022.- Consultia Business Travel, a Spanish company specialized in end-to-end business travel management, has launched Destinux Green, a functionality allowing companies to offset their carbon footprint on its Destinux platform. Destinux Green also provides a traceable carbon offsetting certificate, and companies that offset the entirety of the emissions generated over a year can obtain the Destinux Green label issued by Destinux. Destinux therefore becomes the first corporate travel platform through which a company can verify and offset its carbon footprint, as well as receiving a certificate for this activity, in just one click. Offsetting through Destinux Green can be done by contributing to a selection of environmental and social responsibility projects among which the company can choose. Destinux Green improves the image of an organization in the eyes of its clients, users and consumers; it saves costs and increases the motivation of environmentally-conscious employees. The application, exclusive to Destinux, has been developed with ClimateTrade and uses blockchain technology, which brings transparency to the entire emissions offsetting process, thus generating trust and ensuring the real impact of carbon offsetting activities. Upon concluding a transaction, an offsetting certificate is issued with information about the chosen project and a traceable blockchain key, as well as the official certificate of cancellation of the credits in its corresponding registry. “The carbon offset projects available on ClimateTrade are certified by the most reputable global standards and aligned with the Sustainable Development Goals, which guarantees their real impact in the fight against climate change,” explains Francisco Benedito, CEO of the company. Sustainability is a very important aspect for companies that are increasingly looking for systems that allow them to minimize their environmental impact. In the words of Carlos Martínez, CEO of Consultia Business Travel: “The technology implemented by Destinux makes it easier for organizations to meet their sustainability goals quickly and easily. They can, through an innovative system, offset CO2 emissions by supporting climate action projects and meet their environmental objectives, managing all their business trips in a comprehensive, transparent and sustainable manner.”   About Consultia Business Travel Consultia Business Travel® is a Spanish company specialized in the full management of business trips (Travel Management Company). It offers a differentiated solution based on software in the cloud (Destinux®) and a personalized advice service (Personal Travel Assistant), providing a comprehensive solution for managing business travel. In addition, it manages companies’ meetings, incentives, congresses and events (MICE) needs. The company, with Spanish capital and founded in 2010, currently has offices in Spain and Portugal. The company has integrated nearly 3 million hotels, more than 600 airlines, 27 car rental companies distributed throughout the world, and private transfers in more than 160 countries, RENFE and taxis and VTC in more of 90 states, achieving online connectivity and efficiency that stand out in the business travel market.   About ClimateTrade ClimateTrade is a blockchain-based climate pioneer, aiming to empower large-scale decarbonization through constant innovation. The ClimateTrade marketplace allows companies to offset their climate impact by purchasing carbon, plastic and biodiversity offsets, as well as renewable energy certificates directly from project developers. The ClimateTrade API, Widget and Whitelabel allow clients to integrate marketplace functionalities into their own platform, making their products climate-positive. ClimateTrade is also spearheading disruptive innovation around the digital certification of carbon mitigation projects and supporting the digitization of national carbon registries.

The agreement between Inproyen and ClimateTrade aims to decarbonize mining, fossil fuels, agriculture, waste and industry. A Coruña, October 11, 2022 – Inproyen, the international business group for technical-scientific environmental consulting and the development of green technologies, has signed a collaboration agreement with ClimateTrade, the blockchain-based climate solution provider, to decarbonize the mining, fossil fuels, agriculture, waste and industry sectors. Through this collaboration, Inproyen and ClimateTrade will prepare decarbonization plans for their clients, to whom they will also offer services such as Inproyen’s carbon footprint calculation and ClimateTrade’s climate marketplace. They will also work on the joint development of educational content on climate change mitigation for these sectors. “Our  strategic and pioneering alliance with ClimateTrade aims to support decarbonization and achieve carbon neutrality, which will not only give importance to the technical work of our collaborators, but also to their environmental awareness,” says Diego Arán , CEO of Inproyen. Inproyen’s long experience supporting innovative environmental projects in companies with high CO2 emission levels in Spain and Latin America, and the versatility of ClimateTrade as a blockchain-based platform for transparent offsetting of the climate impact of companies, constitutes a great synergy to achieve the global goals of decarbonization and sustainable development. Francisco Benedito, CEO of ClimateTrade, comments: “We are proud to work with Inproyen for the decarbonization of some of the most polluting sectors in the world. The synergy created by this agreement will generate benefits not only for both parties, but also for the planet.”

Partnership will enable guests to calculate and offset their carbon emissions from travel, contribute to certified climate regeneration projects Sept. 27, 2022, MIAMI — ClimateTrade, the leading blockchain-based climate marketplace, today announced that it has partnered with Peninsula Papagayo, an exclusive residential community and home to Four Seasons and Andaz Resorts. ClimateTrade will support the resort’s carbon neutrality efforts by providing carbon calculation and offsetting services for its visitors.  Through the agreement, ClimateTrade will calculate the CO2 emissions associated with travel to and from Peninsula Papagayo and provide the platform for guests to offset their emissions by contributing to Costa Rica’s national reforestation program. The carbon calculation will be done by ClimateTrade’s automated calculator, which is customized to adjust for different modes of transportation. Whether visitors travel to Peninsula Papagayo by commercial flights and cars, or by yachts and private jets, the calculator will produce an accurate number, aligned with the methodology of the Greenhouse Gas Protocol.  After the carbon footprint is calculated, operators at the resort will then communicate the results to guests through a link to the ClimateTrade Whitelabel landing page. From there, guests can choose to offset their emissions by donating to the national reforestation program managed by Costa Rica’s Forestry Financing Fund (FONAFIFO).  Upon completing a transaction, all of which are conducted through ClimateTrade’s blockchain platform, users will receive via email an offsetting certificate containing a traceable blockchain key. A unique offering from ClimateTrade, this certificate ensures transparency and reliability, giving visitors to the peninsula the comfort of knowing that their money is generating a positive local impact.  “It’s wonderful to see luxury destinations like Peninsula Papagayo take the lead in educating travelers about their carbon footprint and encouraging them to act to offset it by contributing to a local project,” said Francisco Benedito, CEO of ClimateTrade. “ClimateTrade is proud to support partners in the tourism sector in their decarbonization efforts.” About ClimateTrade ClimateTrade is a blockchain-based climate pioneer, aiming to empower large-scale decarbonization through constant innovation. The ClimateTrade marketplace allows companies to offset their climate impact by purchasing carbon, plastic and biodiversity offsets, as well as renewable energy certificates directly from project developers. The ClimateTrade API, Widget and Whitelabel allow clients to integrate marketplace functionalities into their own platform, making their products climate-positive.  About Peninsula Papagayo Situated on Costa Rica’s North Pacific coast in the province of Guanacaste, Peninsula Papagayo is Latin America’s ultimate coastal retreat offering an unparalleled closeness to nature and a lifetime of adventure in one of the most peaceful and biodiverse countries in the world. The community includes Four Seasons Resort Costa Rica at Peninsula Papagayo, Andaz Costa Rica Resort at Peninsula Papagayo, Bahias by Antoine Predock, the Clubhouse at Prieta Beach, the Arnold Palmer Signature Ocean Course at Peninsula Papagayo, Marina Papagayo, and an exclusive collection of oceanfront homes and villas. Peninsula Papagayo is located 30 minutes from Liberia International Airport, which offers more than 100 weekly flights seasonally from major cities in the U.S., Canada, the U.K., and across Central America. For more information, visit https://peninsulapapagayo.com/.

Galp celebrates the offsetting of emissions equivalent to 670,000 kilometers traveled by car through the voluntary CO2 offsetting initiative included in the Mundo Galp loyalty program. The Mundo Galp loyalty program offers users the option of offsetting 100% of the CO2 emissions corresponding to a 1,000 km journey Galp contributes 50% of each offset Clients offset through contributions to two carbon mitigation projects in Galicia and Brazil The offsetting is done transparently thanks to the ClimateTrade blockchain platform whose API, which allows the client to monitor their positive impact, has been integrated into the Mundo Galp application Madrid, September 12, 2022 – Galp celebrates the offsetting of emissions equivalent to 670,000 kilometers traveled by car, or 100 complete laps around Spain, through the voluntary CO2 offsetting initiative included in the Mundo Galp loyalty program. The initiative, available since April 22, consists of offsetting CO2 emissions derived from 1,000-kilometre journeys made by Mundo Galp users, in the almost 600 service stations that make up the Galp Spain network. Through the Mundo Galp loyalty program, Galp offers users the option to offset CO2 through a contribution to two sustainable projects: one related to an environmental reforestation project in Galicia and another focused on renewable generation in Brazil. The first project, consisting of forest restoration in Monte Vecinales, Galicia, is certified by the Ministry for the Ecological Transition and the Demographic Challenge of Spain and contributes to the Sustainable Development Goals (SDGs) 8 (decent work and economic growth), 10 ( reduced inequalities), 11 (sustainable cities and communities), 13 (climate action) and 15 (life on land). The second, the VTRM Renewable Energy wind project in Brazil, prevents the emission of an average of 439,950 tons of CO2 per year through the implementation and operation of wind power plants and contributes to SDGs 7 (affordable and clean energy), 8, 9 (industry, innovation and infrastructure) and 13. “We have a very clear purpose: we want to regenerate the future together. And this commitment is made tangible by committing to reducing the carbon intensity of our activities (we are committed to reducing the CO2 intensity of the energy we produce by 40% by the end of this decade), consolidating a leadership position in renewable energy and investing in new decarbonized business models. In this case, Galp takes care of managing and guaranteeing the success of the entire process and contributes half the amount of each offset,” explains João Diogo, Country Manager at Galp Spain and Head of B2C at Galp Iberia. The offsetting is formalized through Galp’s acquisition of credits from carbon mitigation projects in the voluntary market. Each credit equals one ton of CO2 or the equivalent amount of another greenhouse gas. These projects are framed within the scope of the United Nations Clean Development Mechanism, whose main objective is to promote sustainable development through clean technologies. The process is carried out in a transparent and traceable way thanks to ClimateTrade, a blockchain-based climate marketplace, whose API has been integrated into the Mundo Galp platform. Every time a client decides to offset their CO2 emissions, they receive a personalized certificate with information about the chosen project and a blockchain key that allows them to track their investment and ensure the positive impact generated on the environment. “Through this compensation program, Galp addresses the emissions of its clients in an efficient and transparent manner. I hope that other companies follow their example to advance in the decarbonization of the energy sector and its value chain,” adds Francisco Benedito, CEO of ClimateTrade. Currently, the equivalent of 185,000 kilometers have been offset through the Galicia project and 484,000 kilometers through the renewable energy project in Brazil, offering all users who refuel at Galp Spain service stations the possibility of taking direct action against climate change. About Galp Galp is an integrated energy company committed to developing efficient and sustainable solutions, both in its operations and in the integrated offering it makes available to its customers. A set of simple, flexible and competitive solutions that cover both the energy and mobility needs of large industries, as well as small and medium-sized companies and individual consumers. The company integrates various forms of energy, from electricity produced from renewables to natural gas and liquid fuels. As producers, they operate in the extraction of oil and natural gas from deposits located kilometers below the surface of the sea and are the largest Iberian producer of electricity from solar energy. Galp actively contributes to the economic development of the eleven countries in which it operates and to the social progress of the communities in which it is present. The company is the industry leader in the main global sustainability indices and directly employs 6,360 people. With a presence in Spain for 40 years, Galp has 2,230 employees in the country, a network of 570 service stations and a presence in gas, electricity, lubricants, marine, chemicals and aviation. The company continues to expand its presence in the Spanish market, focusing its business on satisfying customer needs. More information at www.galp.com About CllimateTrade ClimateTrade is a blockchain-based climate pioneer, aiming to empower large-scale decarbonization through constant innovation. The ClimateTrade marketplace allows companies to offset their climate impact by purchasing carbon, plastic and biodiversity offsets, as well as renewable energy certificates directly from project developers. The ClimateTrade API, Widget and Whitelabel allow clients to integrate marketplace functionalities into their own platform, making their products climate-positive. ClimateTrade is also spearheading disruptive innovation around the digital certification of carbon mitigation projects and supporting the digitization of national carbon registries.

ClimateTrade is proud to be a pioneer and a thought leader in the fight against climate change. As such, we will be actively participating in Climate Week NYC, one of the world’s biggest climate events! Now in its 14th year, Climate Week NYC brings together the most influential leaders in climate action from business, government, and the climate community, in conjunction with the United Nations General Assembly and the City of New York, to create an ambitious platform to drive climate action, fast – the main purpose of the event’s organizer, the Climate Group. This year’s theme is ‘Getting it Done’, prompting climate leaders to put their plans into action around environmental justice, sustainable living, energy, nature, transport, resilience and other aspects of the ecological transition. Having recently opened our first U.S. headquarters in Miami, ClimateTrade will be participating in Climate Week NYC for the first time this year. We’re taking an incredibly active approach to the week, attending or speaking at more than 15 events, including a partnership with IETA’s North America Climate Summit, after ClimateTrade joined the International Emissions Trading Association in June. North America Climate Summit, September 20-21, the Westin New York As sponsors of this important event, ClimateTrade will be actively participating in discussions. Our CEO Francisco Benedito will be speaking at two panels on September 21: Panel 1 – 1pm: Using Technology to Assist in Reaching Decarbonization Objectives and Finding a Pathway to Net Zero In this panel organized by ClimateTrade, we will discuss the implementation of our carbon offsetting capabilities in Santander Bank’s app and website, and the role that technology can play in supporting the transition to Net Zero. Moderator: Michael Green – American Sustainable Business Network Speakers Francisco Benedito – CEO, ClimateTrade Marta Aisa – Head of Responsible Banking, Banco Santander Clara Arrocha – Global Cards Product Manager, Banco Santander Ben Gerber – CEO, M-RETS (Midwest Renewable Energy Tracking System) Panel 2 – 2.30pm: Voluntary Markets: A Stepping Stone on Pathway to Net Zero Based on new data from Ecosystem Marketplace, in 2022 the Voluntary Carbon Market (VCM) has soared to a record-breaking US$2B in market value, quadrupling in size from $500 million in 2020. Growth in the VCM continues to be fueled by a significant acceleration in corporate and government net zero commitments, with an increasing number of parties recognizing the vital role the VCM has to play in achieving ambitious and credible net zero goals. Two new global initiatives such as Integrity Council for the Voluntary Carbon Markets (IC-VCM) and the VCM Integrity Initiative (VCMIi) have been launched to scale the market while enhancing transparency and integrity. Hear from our panel of VCM participants, including independent standards and leading NGOs, as they explore the major developments and future outlooks for the VCM in a Paris-aligned world.  Moderator: Andrea Abrahams – Managing Director, ICROA Scene Setter: Stephen Donofrio – Managing Director, Ecosystem Marketplace Speakers Annette Nazareth – Chair Integrity Council for the Voluntary Carbon Market (ICVCM) Lydia Sheldrake – Director of External Affairs, Voluntary Carbon Markets Integrity Initiative (VCMI) David Antonioli – CEO, Verra Brennan Spellacy – CEO, Patch Francisco Benedito – CEO, ClimateTrade  Other Climate Week NYC events In addition to these two speaking roles, ClimateTrade’s CEO Francisco Benedito, Head of Partnerships Kat O’Brien and U.S. Business and Policy Advisor Michael Green will be attending a number of events during the week, including:  The Nest Summit The Hub Live Women and Climate Celebration Fintech is Femme NYC Blockchain Association Crypto & Cocktails Transform to Net Zero: What Makes an Effective Climate Transition Action Plan 7th Annual Sustainable Investment Forum North America 2022 If you would like to set up a meeting with someone from the team at one of these events, please contact us.