New tradable assets and low-carbon project development
We are enthusiastic to see the great traction for carbon finance, and how it could be successfully integrated into a business model to help sustaining activities. We have seen in 2020 some projects being able to leverage carbon revenue to make up for 50% of their budget lost due to the COVID19 crisis.
The world needs to accelerate and reach the last mile population with low-carbon solutions to build climate-resilient communities. Hence, we also see how community-based projects could benefit from new tradable assets such as iRECs. New low-carbon project development can also be supported end-to-end by Nexus with the support of partnerships with development agencies and multinational corporations.
Because on the other end of the spectrum, Nexus’s demand for carbon-offsets is growing. Governments are pledging for concrete actions to be taken. More and more corporates engage in Net-zero strategies with carbon-neutral goals to achieve by 2030. The upcoming COP26 should actually see the consolidation of all commitments and lay out the implementation plan.