EMEA > Africa > Carbon project financier doubles net loss, slashes headcount following massive portfolio write-down

Carbon project financier doubles net loss, slashes headcount following massive portfolio write-down

Published 17:12 on April 1, 2025 / Last updated at 22:43 on April 1, 2025 / and / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia), CO2 Management (Engineered Removals), EMEA (Africa), Nature-based Carbon (Forestry), Net Zero Transition (Litigation), Voluntary (VCM Governance)

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A Canadian-headquartered carbon project financier nearly doubled its net loss in 2024 and has cut its workforce by more than 80% as part of an ongoing restructuring effort following a massive portfolio writedown.
A Canadian-headquartered carbon project financier nearly doubled its net loss in 2024 and has cut its workforce by more than 80% as part of an ongoing restructuring effort following a massive portfolio writedown.


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