Abatable announces partnership with carbon streaming investment company Carbon Neutral Royalty

Abatable will provide market intelligence, access to carbon offsetting projects, and support distribution efforts
 
HOLBORN, U.K. - Feb. 14, 2022 - PRLog -- Abatable, a technology platform for carbon procurement, has entered into a strategic partnership with Carbon Neutral Royalty Limited ("CNR"), a Canadian incorporated streaming investment company that provides financing solutions for carbon projects globally in return for a share of future carbon credits.

Under the terms of the partnership, Abatable will provide CNR with access to investment opportunities in carbon offsetting projects and market intelligence solutions which support its project diligence underwriting. "Abatable monitors project developers globally, using a proprietary framework to identify high integrity carbon offset projects. Abatable's project filtering, pricing intelligence and origination capabilities are highly complementary to Carbon Neutral Royalty's core business of financing offset projects" said Brett Heath, Chairman of Carbon Neutral Royalty.

Abatable will also act as an exclusive distribution partner for the carbon credits generated by CNR's investments, which will be available to Abatable's customers through its carbon procurement platform. "We are pleased that Carbon Neutral Royalty chose Abatable's carbon procurement platform as a distribution channel for its diversified and high quality carbon credit portfolio. Abatable will benefit from CNR's strong experience in streaming investment models and its access to projects. Our common vision is to accelerate the world's transition to a net-zero future by bringing capital to carbon projects and developers that can create ecosystem value beyond carbon markets." said Maria Filmanovic, co-founder of Abatable.

About Abatable

Founded in London in 2021, Abatable offers carbon procurement solutions for corporate buyers, carbon project developers and intermediaries. Abatable also offers to corporate offsetting buyers and institutional investors market intelligence and carbon project underwriting tools. The founding team includes a former Vice President at Goldman Sachs with experience advising corporates on forestry investments and carbon procurement, and a former Product Manager at Monzo, Google and Facebook. Abatable has received venture capital funding from Y Combinator, Blue Bear Capital and Global Founders Capital. For additional information, visit www.abatable.com.

About Carbon Neutral Royalty Limited (CNR)

Carbon Neutral Royalty (CNR) is a Canadian company, headquartered in London, founded by two Harvard Business School alumni, with a long track record financing major companies in the natural resources sector. CNR provides flexible project financing to developers in return for a percentage of future carbon credits. CNR supports projects through the life cycle, from concept to mature projects issuing credits today.

Contact
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Tags:Carbon Offsetting
Industry:Financial
Location:Holborn - London, Greater - England
Subject:Partnerships
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