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Invert, a dedicated carbon reduction and offset company, and Ripple have announced a partnership to collaborate in seeking early-stage carbon credit generation projects. Ripple and Invert will support projects to reduce and remove carbon and help fight climate change. Working together, Ripple and Invert will validate and accelerate capital placements to create a broader portfolio of loan generation projects.
“Our partnership with the Invert team helps ensure we can support high-quality projects that will drive meaningful change and investment to fight the climate crisis,” says Ripple.
Invert invests in projects that result in high quality and meaningful carbon credits, such as planting a forest or building a machine that removes CO2 from the air. The company has assembled a world-class team of experts in forestry, blue carbon, biochar and other areas of carbon project development, and has a large portfolio of exciting projects that can help reduce CO2 emissions.
Ripple Inc. aims to combat climate issues in the field of cryptocurrencies and blockchain. This partnership is the company’s latest initiative to create a carbon neutral future. By cutting emissions, buying clean energy, and investing in carbon-removal projects such as reforestation, biochar, and carbon sequestration, Ripple has committed to being carbon-neutral by 2030 or sooner. In addition, Ripple’s existing partnerships with organizations such as Crypto Climate Accord, Rocky Mountain Institute, Energy Web, and AIR continue to promote industry-wide sustainability.
“This is a win-win for Invert, Ripple, and the world,” said Mark Zekulin, Chairman of Invert. “The more collaboration we can secure to invest in projects that eliminate or reduce greenhouse gas emissions, the faster we can create solutions to combat climate change. We are excited to work with Ripple and look forward to building a strong relationship in the coming years.”
“Ripple is committed to bringing industry stakeholders together to share ideas, technical innovation, policy insights, and new innovation funding to help achieve global climate goals,” said Ken Veer, vice president of Ripple Impact. “Our partnership with the Invert team helps ensure we can support high-quality projects that will drive meaningful change and investment to fight the climate crisis.”
About InvertInvert works at the heart of the carbon reduction ecosystem, from financing the removal of carbon from our atmosphere through high-quality carbon offset projects, to empowering businesses and individuals in their carbon reduction efforts.
Invert invests in carbon credit projects that provide high quality, meaningful carbon reduction and removal credits that will help save our world. By selling these loans to individuals or businesses, the Company generates income that can be reinvested in further projects to reduce or remove CO2 from the atmosphere. We work directly with businesses to help them understand and reduce the carbon footprint of their operations and reduce the Scope 1, 2 and 3 emissions they produce.
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