Canadian carbon offset financier sees project revaluation income boost but faces cash squeeze

Published 01:09 on April 3, 2024  /  Last updated at 01:09 on April 3, 2024  / Allison Gacad /  Africa, Americas, Asia Pacific, Canada, EMEA, Nature-based, Other APAC, Paris Article 6, US, Voluntary

A Toronto-headquartered voluntary carbon investor saw positive income in 2023 following a major revaluation of its only credit-issuing project to-date, but needs to raise more cash to fund planned operations for the next 12 months, it reported Tuesday.
A Toronto-headquartered voluntary carbon investor saw positive income in 2023 following a major revaluation of its only credit-issuing project to-date, but needs to raise more cash to fund planned operations for the next 12 months, it reported Tuesday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.