Acorn Capital Acquire Stake in Climate Bridge
LONDON - Climate Bridge has announced today that Acorn Capital, the leading Australian microcap fund, has made an equity investment in the company to support Climate Bridge’s continued activity in environmental markets and its mission to deploy green technologies globally.
“This investment gives Climate Bridge the funds and flexibility to continue to react quickly to new, innovative and scalable environmental business opportunities to address climate change. It will also give us the platform to further expand and develop our thriving voluntary and compliance carbon businesses,” says Climate Bridge CEO Alex Wyatt.
Climate Bridge’s core business will remain the development of high-quality emission reduction projects under internationally recognised standards (e.g. CDM, VCS, Gold Standard). Climate Bridge’s commercial team will continue to actively market and sell carbon offsets at wholesale prices in the compliance, pre-compliance and voluntary markets in Europe, North America, Asia and Australasia. The Company’s sourcing team, based in Shanghai, is actively sourcing high quality GHG emission reduction projects to meet Climate Bridge’s ever-growing demand for carbon credits. All offices have been hiring, and there were over 2,500 applications for a recent job opening.