In total, ClimateTrade is targeting €20 million of funding for international expansion. Valencia – 24 January 2022: ClimateTrade, the leading blockchain-enabled climate marketplace, has raised €7 million in a Pre-Series A closed in Europe in late 2021, and is raising another €13 million in a US-focused round set to close upon ClimateTrade’s US reincorporation in the next five months. In total, the company is targeting €20 million of funding for international expansion. ClimateTrade is a Spanish-based marketplace helping companies achieve their decarbonization goals by financing certified carbon offsetting and climate-regenerative projects around the world. This new capital will help to grow the startup’s activities in Europe, Asia and the US with new offices in four countries, to expand its technological product offering and to hire new talent. The first round was oversubscribed, with interest from more than 90 investment funds. The €7 million was provided by Spanish investment firm GED via its VC fund Conexo Ventures, US power and technology fund ClearSky, blockchain investor Borderless Capital, SIX FinTech Ventures, the VC arm of Swiss financial infrastructure provider SIX Group, Spain’s Telefónica via its open innovation hub Wayra, the investment arm of Japanese corporation Omron Ventures, climate VC Amasia, and Valencian impact fund Zubi Capital, which is backed by the founder of payment unicorn Flywire, Iker Macaide. “For four years, ClimateTrade’s vision has been to enable climate action through technological innovation. Our blockchain-backed marketplace allowed companies to offset almost 2 million tons of CO2 in 2021 alone. This oversubscribed funding round is a testament to the impact ClimateTrade has already generated, and we are excited to further our action against climate change with this new infusion of capital,” commented Francisco Benedito, ClimateTrade’s CEO. The second phase of this Series A, expected to raise €13 million, will be closed in the US upon ClimateTrade’s reincorporation later this year, and has received interest from several global investors. ClimateTrade US will be headquartered in Miami, a strategic choice given the city’s interest in combating the climate crisis, and its emergence as a global hub for the decentralized economy. ClimateTrade’s clients include Cabify, Banco Santander, Telefónica, Correos and Telégrafos, Prosegur and many others. A pioneer in the development of its blockchain marketplace for climate, the company recently launched an API and Widget to allow companies to offer carbon-neutral products and services to their customers. For more information, please contact us.

The agreement signed between ClimateTrade and the UIA International Forum 2022 will drive dozens of affordable housing events towards carbon neutrality, strengthening global efforts to achieve the Sustainable Development Goals (SDGs). Through this collaboration, the Affordable Housing Activation (AHA) event in Madrid on May 18-20 will be made carbon-neutral, and side event organizers will be incentivized to calculate and offset their carbon footprint. The UIA International Forum 2022, named ‘Affordable Housing Activation Removing Barriers’, promotes a collaborative and innovative framework to improve housing affordability in the world, which is part of SDG 11 (Sustainable Cities and Communities). Between January and May 2022, dozens of events will be organized in different regions and countries, and they will be supported by Spain’s architecture association CSCAE, the Forum’s organizer, to reach carbon neutrality through CO2 emissions offset. This means that the Forum is effectively targeting SDG 11 and SDG 13 (Climate Action) through the same project. The Forum will be concluded in the Spanish capital with AHA Madrid, the emissions of which will be calculated and offset through the financing of mitigation projects on ClimateTrade’s marketplace. Angela Baldellou, executive director of the AHA Forum, notes: “With this initiative, we are supporting international side event organizers on their path towards more sustainable events and actions, by enabling the offset of their carbon footprint. To achieve this, we can count on ClimateTrade’s collaboration to make the processes simpler and more digital, opening the doors to the world of environmental projects for participating companies and allowing them to contribute without intermediaries. It is fundamental to raise awareness, mitigate climate change and offer coherent responses to the multiple-crisis scenario we are facing: affordability responses cannot go against sustainability goals. Quite the opposite: when we create an activist movement, it needs to go in the same direction as the others and contribute to complete sustainability.” Moreover, these events will be presented in a hybrid online/in-person format, cutting their emissions by 50-60% compared to purely physical events. Francisco Martín, Head of Engineering and Key Account Manager at ClimateTrade, adds: “We are excited about this new collaboration with CSCAE, through which AHA’s main event and its side events can benefit from our company’s experience in international events and congresses in the US, Argentina and Spain, among others.” About CSCAE Created in 1931, Spain’s Architect Association (Consejo Superior de los Colegios de Arquitectos de España or CSCAE) is an entity gathering all architect associations in Spain for the promotion of architecture and the pursuit of common objectives. It represents these associations and the more than 47,000 professional architects working in Spain for public and private corporations, as well as for international organizations. The association recently launched a carbon footprint calculator for the construction sector. For more information www.cscae.com. About ClimateTrade   ClimateTrade is a Spanish-based climate marketplace helping  global brands  achieve their sustainability goals by offsetting CO2 emissions and financing climate regenerative projects. Pioneering the development of its blockchain marketplace, ClimateTrade recently launched an API and a Widget that allow companies to offer carbon-neutral products and services to their customers. 

30 November 2021, London – PlanetWatch, the world’s first decentralised indoor and outdoor air quality monitoring network, will now offer its user community the possibility to convert PLANET tokens into carbon credits issued by ClimateTrade to contribute to sustainable carbon emission reducing plans. Founded in  2020, PlanetWatch is a spinoff of the European Organization for Nuclear Research (CERN). The data collected by PlanetWatch air sensors is transcribed onto the Algorand blockchain, which makes this air quality repository immutable. There are currently 20,000 air sensors spread across the globe, with the number of PlanetWatchers rapidly increasing. The network went live on Algorand MainNet in August 2020. PLANET tokens are the firm’s utility tokens, earned when a sensor sends valid air quality data – and they can now be used to offset carbon emissions. “PlanetWatch and its community play such an important role in monitoring air quality around the world. It is a pleasure for ClimateTrade to be able to empower them to take even more direct climate action through carbon offsetting”, said Francisco Benedito, CEO and Co-Founder of ClimateTrade. Claudio Parrinello, CEO of Planetwatch, added: “We are delighted to announce our partnership with ClimateTrade, and are looking forward to a mutually beneficial relationship that will enhance the impact of both companies in their efforts to create a more sustainable environment”.  “It is great to foresee that a fraction of our PLANET tokens will be used  to support climate mitigation projects, while helping ordinary people make their own cities smarter and cleaner, for the benefit of us all”. ClimateTrade helps companies achieve carbon neutrality by allowing them to invest capital in proven and reviewed climate projects that fit the needs of the company. The firm developed the first carbon credit platform with blockchain technology, which allows responsible companies to offset their emissions by purchasing peer-to-peer carbon credits directly from mitigation project developers, avoiding intermediaries.    About PlanetWatch s.a.s. Planetwatch s.a.s., is a high-tech startup based in France, less than a mile away from CERN. By leveraging synergically the Algorand blockchain, advanced data acquisition software developed at CERN and high-performance yet affordable air quality sensors, including advanced devices developed by a major research institute, Planetwatch decentralizes, incentivizes and gamifies environmental  monitoring. Planetwatch is currently deploying dense, low-cost air quality monitoring networks delivering real-time data and building the first global immutable ledger for historical air quality data. For more information, visit https://www.planetwatch.io. About ClimateTrade ClimateTrade is a Spanish-based climate marketplace helping  global brands  achieve their sustainability goals by offsetting CO2 emissions and financing climate regenerative projects. Pioneering the development of its blockchain marketplace, ClimateTrade recently launched an API and a Widget that allow companies to offer carbon-neutral products and services to their customers. For more information: https://app-wordpress-pro-e9e8haaqesg7dzcw.westus2-01.azurewebsites.net/.

Algorand and ClimateTrade’s Green Treasury goes live, allowing builders, businesses and investors on the Algorand platform to instantly offset their carbon footprint on the blockchain ecosystem.  ClimateTrade supports Algorand in offsetting the carbon emissions of Decipher, a two-day event of the Algorand community taking place in Miami November 29-30. Cultural institution Aorist partners with ClimateTrade to launch a collection of digital artworks and their carbon-negative NFTs at Art Basel on November 30. November 29, 2021 (Miami, FL) —  ClimateTrade, the leading blockchain-based climate marketplace, is pioneering the development of carbon-negative blockchain use cases through a number of initiatives announced today at the Decipher conference. ClimateTrade today announces the launch of the “Green Treasury”, a blockchain oracle providing Algorand and its developer community a platform for offsetting the carbon footprint of the Algorand network. By calculating carbon impact across the Algorand ecosystem and enabling immediate offsets through ClimateTrade’s blockchain-based marketplace, the Green Treasury allows Algorand to offset its own carbon impact, while seamlessly integrating the same offsetting capabilities across its ecosystem of developers, including NFT marketplaces, payment solutions, regulated digital assets, and new economic models.    “Algorand’s technology was designed from the ground-up to be energy and resource-efficient, and now with the intelligent offsetting services made available through ClimateTrade’s Green Treasury, we can operate as a fully carbon-negative network and fulfill our pledge to remain the world’s greenest blockchain,” said Silvio Micali, Founder of Algorand.   The Green Treasury operates as a blockchain oracle, connecting Algorand’s on-chain data with carbon impact information in real time. The system allows Algorand to notarize its carbon footprint, and with advanced smart contracts, lock the equivalent total of carbon credit into the Green Treasury as an ASA (Algorand Standard Asset).   “With the Green Treasury, we can support Algorand’s efforts to be carbon-negative while financing global climate projects”, said ClimateTrade CEO Francisco Benetido. “By layering in blockchain-enabled support for offsetting across Algorand’s ecosystem, we can provide Algorand, and the hundreds of organizations who use its technology, environmentally-positive solutions that are scalable, secure, and also sustainable”. Offsets purchased within the Green Treasury will help support critical restoration projects taking place around the world that significantly contribute to positive climate action, including:  The Southern Cardamom REDD+ project initiated by Wildlife Rescue and Wildlife Works, which protects the rainforest by avoiding more than 3 million tons of carbon emissions annually. The Vichada Gold Standard Climate Project which is aimed at reforestation in the Orinoco Department in Colombia. The Oaxaca Wind Project by Acciona which covers the electricity demand of 700,000 Mexican homes, avoiding the emission of 670,000 tons of CO2. The Sumatra Merang Peatland Project by ForestCO2 which aims to protect and restore the peatland ecosystem in Indonesia. Additionally, as part of Algorand’s commitment to set the standard for sustainable blockchain, Algorand and ClimateTrade have announced that all carbon impacts associated with the Decipher conference will be offset by financing mitigation projects on ClimateTrade’s marketplace. In total, 627 tons of CO2 will be offset via reforestation and clean energy projects in Colombia, El Salvador and the United States. Climate-positive NFTs  ClimateTrade is also supporting Aorist, a new cultural institution offering a climate-forward NFT marketplace on the Algorand ecosystem. The company is launching its first auction at Art Basel, an event happening concurrently with Decipher in Miami, with the Crossroads exhibition. Aorist is offsetting the carbon footprint of the non-fungible tokens (NFTs) on auction, as well as the plastic footprint of some of Crossroads’ physical installations, through ClimateTrade.  Emissions from the minting of NFTs on the Aorist platform will be offset with credits assigned from the reforestation of Colombia’s coastal Andes region project. Projects on the ClimateTrade marketplace have an account in the Algorand blockchain platform in order to provide traceability and transparency of carbon credits. With these initiatives, ClimateTrade shines a light on the need to decarbonise blockchain technology and NFTs, and positions itself as a strategic partner for the green blockchain movement. About Algorand  Algorand is building the technology to power everything from the creator economy to the convergence of traditional and decentralized finance. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers the interoperability and capacity to handle the volume of transactions needed for anyone to transition into the new digital economy. The leading decentralized infrastructure of choice for visionary leaders across more than 1000 global organizations, Algorand is enabling the simple creation of next generation financial products, protocols and exchange of value. For more information, visit algorand.com.  About ClimateTrade ClimateTrade is a Spanish-based climate marketplace helping  global brands  achieve their sustainability goals by offsetting CO2 emissions and financing climate regenerative projects. Pioneering the development of its blockchain marketplace, ClimateTrade recently launched an API and a Widget that allow companies to offer carbon-neutral products and services to their customers. For more information: https://app-wordpress-pro-e9e8haaqesg7dzcw.westus2-01.azurewebsites.net/.

New tool makes it easier for companies of all sizes to offer transparent and traceable carbon offsetting service to their customers.  Valencia, November 16, 2021: ClimateTrade, the leading blockchain-enabled climate marketplace, announced today the launch of the ClimateTrade Widget, to allow companies of all sizes to offer transparent carbon compensation services to their customers almost instantaneously.  The Widget is quick and easy to integrate, which makes it particularly suitable to small and medium businesses or organisations with limited IT resources. With this new functionality, ClimateTrade extends its carbon offsetting services to the SME world, recognising that every business, no matter what size, has a part to play in achieving a net zero world. While large companies have been working toward decarbonisation for some time, many SMEs are lagging behind due to the complexity of carbon footprint calculations and offsetting. But today, the climate emergency is such that no one can afford inaction. Working toward carbon neutrality now can increase SMEs’ competitiveness in a market driven by conscious consumers. The ClimateTrade Widget removes the complexity of carbon offsetting. It can be easily customised and integrated into any commercial transaction platform to give customers visibility on the carbon footprint of the product or service they are purchasing, and offer them the option to offset emissions at check-out.  When integrating the widget into their platform, businesses can choose which ClimateTrade Marketplace carbon mitigation projects they want to present to their customers. Then, companies can either pre-purchase carbon credits from these projects to sell to their customers at the time of payment, or simply offer a direct purchase option to the end buyer. In both cases, buyers receive a nominative certificate with information about the exact project they have supported: full traceability is ensured by the blockchain infrastructure that powers the ClimateTrade Marketplace. The announcement follows the launch of the ClimateTrade API earlier this year, the world’s first Application Programming Interface for carbon offsetting. Both the API and the Widget serve the purpose of allowing companies on the ClimateTrade Marketplace to extend its services to their customers without ever having to leave their own webpage.  About ClimateTrade ClimateTrade is the world’s leading climate marketplace. The company’s environmental services help companies offset CO2 emissions and financing projects in order to achieve their sustainability goals with complete transparency and traceability. A pioneer in establishing a voluntary marketplace for climate credits, and having led the development of blockchain, ClimateTrade has launched a digital solution that allows and promotes the acquisition of carbon-neutral products and services by customers and suppliers of different companies. Contact us to request a demo of the ClimateTrade Marketplace, API or Widget.