Bloomberg L.P. has acquired carbon analytics and data company Viridios AI from its parent Viridios Group. The strategic transaction will allow the U.S. financial data and media company to considerably expand its carbon market and analytics offering to clients. Commenting on the deal Viridios Group CEO Eddie Listorti said: “This agreement with Bloomberg is the culmination...Read More

The global carbon credit market experienced a period of stagnation last year, with a modest market size of approximately $1.4 billion, according to data compiled by MSCI. Credit retirements, indicating their permanent removal from circulation, remained largely unchanged from the previous year, while average spot prices declined by 20%. However, several indicators suggest a potential upsurge...Read More