Flowcarbon Partners With Centrifuge
Flowcarbon has Partnered With Centrifuge to unlock carbon project finance and scale the voluntary carbon market (VCM).
Flowcarbon will structure a pool of forward contracts – Emission Reduction/Removal Purchase Agreements from new carbon projects. These pools will launch on Centrifuge’s Tinlake, the open DeFi protocol and Real-World Asset marketplace.
This will enable project developers to raise more cost effective funding pre-issuance, solving the financial bottleneck they often face. It also means carbon projects will have a more diversified source of funding and further development of the carbon credits ecosystem on-chain.
Flowcarbon and Centrifuge share the vision that open, permission-less blockchain technology can provide a level playing field that is transparent and censorship-resistant. We’re proud to support the global reduction of carbon emissions by unlocking a whole new level of growth and scalability for local financial communities.” Martin Quensel, Co-founder at Centrifuge said.
About Flowcarbon
Flowcarbon is a pioneering climate tech company bringing carbon offsets onto the blockchain. Its mission is to make carbon markets accessible and transparent, enabling billions of dollars to be invested directly into projects that combat climate change. Founded by a team of experienced entrepreneurs with collective expertise in carbon, sustainability, and blockchain technology, and backed by some of the biggest investors in the world, flowcarbon is committed to driving real impact for people, biodiversity, and the planet.
About Centrifuge
Centrifuge is a platform that connects real-world assets to decentralized finance (DeFi). Through our decentralized application, investors have the opportunity to earn yield by investing in a Tinlake Pool, a structured credit investment vehicle, composed of tokenized representations of real-world assets, any physical asset that has a unique value.
On the other side an issuer can tokenize these assets to access instant, bankless liquidity. By providing the DeFi platform for credit financing, Centrifuge addresses both the volatility and stability concerns typically found in crypto. Centrifuge brings stable credit financing to DeFi and enables more transparency & lower cost of capital to everyone globally.
