News&Events

News Investment in Climatetrade, S.L.

OMRON Ventures Co., Ltd. (headquartered in Minato-Ku, Tokyo. CEO: Tomoko Inoue) is pleased to announce that it has made an investment in Climatetrade, S.L. (headquartered in Valencia, Spain, CEO: Francisco Benedito), a blockchain-backed marketplace helping companies achieve their decarbonization goals by financing certified carbon offsetting and climate-regenerative projects around the world.

In order to achieve carbon neutrality and net-zero targets in the corporate sector, the reduction of greenhouse gas emissions is being promoted in many countries. On the other hand, there is a growing trend toward offsetting emissions that are difficult to reduce through corporate efforts alone with carbon credits generated through emission reduction activities in other locations and it is expected to grow further. However, in response to the growing demand, the existing market is facing bottlenecks: one is the uncertainty and unreliability of credit information on the customer side, and the others are the low marketability due to the difficulty of fundraising by credit generators, and the long lag time for monetization on the supply side.
ClimateTrade has developed a platform that comprehensively solves customer issues in carbon credit trading, providing transparent and reliable services to credit buyers and suppliers.
OMRON Ventures will contribute to the realization of carbon neutrality in corporate activities through supporting the spread of ClimateTrade's platform.

Climatetrade, S.L. Company Profile

Company Name Climatetrade, S.L.
CEO Francisco Benedito
Location Valencia, SPAIN
Founding date 2017
Business description Provider of marketplace helping companies achieve their decarbonization goals
by financing certified carbon offsetting and climate-regenerative projects around the world.