Carbon and Finance Platform Earthbanc Raises $1.5 Million Pre Seed Round | Financial Post

Earthbanc develops carbon projects, sells verified and audited carbon credits, and enables investors to finance carbon removal.

The number of corporations committed to Net Zero has increased exponentially since COP26, but it has been difficult for carbon buyers to source third-party annually audited carbon credits.

Earthbanc Protocol will utilize Regen Ledger to store carbon reporting and auditing information on the transparent blockchain, and Earthbanc will mint carbon credits on Regen Registry, the carbon credit registry operated by Regen Network.

Earthbanc has been tapped by the African Development Bank to demonstrate the issuance of the world’s first Sustainable Land Bond with fully audited carbon removal on the Earthbanc platform, at the UNCCD COP15 in Africa, May 2022.

Regen Network Development Inc CEO, Gregory Landua, said: “Regen Network invests in the best regenerative finance ventures to scale faster.

Nicole Small, Investment Director at Rampersand VC: “The Earthbanc team has extensive experience in regenerative finance markets,  with a demonstrated capability and commitment to the community and environment.

Earthbanc’s climate fintech innovation was recognized last year when it won the Mastercard Lighthouse FINITIV program in Spring 2021, and the company is now set to scale to the next level in the booming web3 climate and fintech sector.

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