The Action for Resilient Climate (ARC) coalition has launched, backed by companies including Tencent, Mitsubishi, CATL, Bain & Co, Osaka Gas, and Vale. ARC aims to provide both a demand signal and a financing facility for carbon project developers, addressing capital needs alongside offtake agreements. The coalition seeks to scale carbon markets by committing to a minimum of 10 million tonnes of carbon credits. This initiative differentiates itself by integrating blended finance to support project development, moving beyond traditional buyer coalitions.
Read the original at Carbon Exposure (YouTube) →← All carbon market news