today announced the launch of Durum Carbon LP, an investment vehicle created to provide financial exposure to global climate change policies while capturing the demands of environmentally conscious investors today.
As environmental regulations continue to tighten, it is expected that the value of carbon credits will increase, further raising the cost of GHG emissions.
innovative companies that reduce or remove GHG from the atmosphere can generate carbon credits equal to the amount of CO2e reduced or removed, or2.
The purchase of carbon credits will allow the emitter to achieve compliance with environmental regulations and avoid paying a penalty in the form of the TIER2 Fund Credit price or a carbon price.
From the current level of $50/tCO2e, this equates to an increase of 240%4.In a market known for its opaqueness and complexity, Durum Carbon LP’s strategy is a novelty in that it is both transparent and simple.
Climate change and associated carbon markets have garnered the interests of some of the most influential organizations in the world: governments, insurance agencies, pension plans, and even central banks.
Canada’s transition to a low-carbon economy and tightening environmental regulations have led to the creation of a unique market opportunity for the purchase and sale of carbon credits in Canada.
Durum offers expertise in financing, governance, and operational efficiencies, ultimately creating alternatives to bring transparency to opaque situations in private markets.