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The Carbon Market Exchange has declared a $100 million deal for carbon offsets.

The Carbon Market Exchange has declared a $100 million deal for carbon offsets.

ImpactDigger by ImpactDigger
March 4, 2023
in Carbon market
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Carbon Market Exchange (CMX) is collaborating with capital-raising platform DealMaker to introduce a $100m offering of carbon offsets. The offsets will aid global conservation and climate conservation efforts by bringing together finance and environmental sectors. CMX is a leading provider of nature-based carbon markets and has so far negotiated carbon offsets across 1.25 million hectares in Tanzania and Borneo, with further projects ongoing around the world. CMX CEO Shenna Fortner explained that the company believed there was value in “protecting carbon-rich and biodiverse hotspots and their communities, while providing a counter-balance to global pollution”.

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