Extensive track record in global
carbon markets
Since 2005, our team has evaluated over
300 carbon projects around the globe. We have
invested in 25 projects, which equates to ~65M
tonnes of carbon credits.
Global demand for voluntary carbon credits could increase by a factor of 15 by 2030 and a factor of 100 by 2050
In the net-zero economy, carbon removal & storage will take center-stage in the carbon markets and will be accompanied by further development of the voluntary and regulatory carbon markets.
Nature-based solutions could account for 65-85% of total supply potential by 2030
Government imposed cap and trade programs have failed to achieve necessary reductions targets.
These emitters need to acquire “high-fidelity” credits to avoid reputational risk, yet there are a limited number of high-fidelity nature based solution projects to pursue.
CHARTS
Source: McKinsey – A Blueprint for Scaling Voluntary Carbon Markets to Meet the Climate Challenge; McKinsey – Putting Carbon Markets to Work on the Path to Net Zero.
Extensive Track Record in Global Carbon Markets timeline
SINCE 2005, THE Climate 8 TEAM HAS EVALUATED OVER 300 CARBON PROJECTS. We have invested in 25 projects ~65M tonnes of carbon credits.
PRE - 2005
Walle with Accenture and Paulo is head of trading desk for Cocoa at Cargill
2005 - 2008
Walle and Paulo began working together at BHP
2005 - 2013
Direct sales to major emitters, and one of the few non-Japanese entities selling into Japan:
2011 - 2015
Additional sales to climate boutiques and brokers, Green Choice and Carbon Trade Exchange (Xpansive)
2016
Paulo and Walle founded ForestEffect Fund, an investment firm with a strong focus on sustainable agri-commodity value chains
Capital markets expertise
2004
Marc co-founds Tudou, which was ultimately sold to Alibaba for $5B
2017
Marc and Sean launch Canada’s first registered Bitcoin fund (TSX: QBTC) and co-found North America’s largest Bitcoin miner Hut 8 (TSX: HUT).
2018
Hut 8 goes public raising $100M+ in proceeds.
