Categories: Business

Investing in Carbon Credits: ERM Launches Its New Business Line to Help Companies Reduce Greenhouse Gas Emissions

ERM has recently launched its new business line, ERM Climate Markets, aimed at helping companies invest in carbon credits to reduce their greenhouse gas emissions and achieve their decarbonization goals. With the increasing demand for carbon offset projects and related credits, this is an opportunity for companies to use offsets to bridge the gap in their emissions reduction efforts or balance unavoidable emissions. However, the market faces challenges with differentiating between high and low-quality projects due to insufficient data.

The Head of Climate Markets at ERM, Alex Cox, emphasized the importance of carbon markets in achieving global net zero goals by 2050. He also highlighted that carbon markets provide opportunities to finance nature and contribute to sustainable development. The new business line will help companies and investors access high-quality carbon credit portfolios aligned with their decarbonization actions, offering social, biodiversity, and economic benefits. The Climate Markets team will work with project developers to provide clients with high-quality carbon project development opportunities that deliver positive climate, community, and ecosystem outcomes. This will help clients de-risk their investments through enhanced due diligence.

Group CEO at ERM, Tom Reichert, stated that as carbon credit strategies gain momentum, ERM Climate Markets is introduced to meet the evolving needs of clients. ERM already works with clients at every stage of their decarbonization journeys, and the new business line will further support companies in achieving their sustainability goals.

Samantha Johnson

As a content writer at newsnmio.com, I craft engaging and informative articles that aim to captivate readers and provide them with valuable insights. With a background in journalism and a passion for storytelling, I thoroughly enjoy delving into diverse topics, conducting research, and producing compelling content that resonates with our audience. From breaking news pieces to in-depth features, I strive to deliver content that is both accurate and engaging, constantly seeking to bring fresh perspectives to our readers. Collaborating with a talented team of editors and journalists, I am committed to maintaining the high standards of journalism upheld by our publication.

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