Mundo Verde Climate, a prominent player in climate finance and risk management advisory, has recently declared its pivotal role in a significant transaction within the 2023 global voluntary carbon market. Renowned for its expertise in navigating the complexities of climate finance, Mundo Verde Climate has positioned itself as a key influencer in driving sustainable initiatives and carbon market transactions.
The company’s commitment to environmental sustainability is evident in its proactive stance towards advancing green technologies and promoting nature-based solutions. As a champion of these innovative approaches, Mundo Verde Climate aligns its strategies with the overarching goal of achieving Net Zero emissions. By actively engaging in and facilitating major transactions within the voluntary carbon market, the company contributes to the global effort to combat climate change.
Mundo Verde Climate’s leadership role in this noteworthy deal not only underscores its influence within the climate finance sector but also highlights its dedication to fostering impactful solutions for a more sustainable future. The company’s involvement in shaping the landscape of carbon markets positions it as a key driver in the transition towards a low-carbon economy, emphasizing its commitment to advancing environmental goals on a global scale.
Notably, a carbon market functions as a unique financial platform enabling the buying and selling of carbon credits. These credits serve as permits, granting the buyer the right to emit a specific quantity of carbon dioxide or other greenhouse gases.
In a significant move, they have partnered with Biotrend Enerji, a leader in Turkish waste management and circular plastics, to advance climate change mitigation technologies. Mundo Verde Climate facilitated the development of voluntary carbon units from Biotrend’s waste-to-energy activities, totalling over 2.4 million tons of CO2, for release on the international market. This collaboration aims to meet demand in the voluntary offsetting market while inspiring further climate initiatives globally.
Speaking on the project, Gediz Kaya, Managing Partner at Mundo Verde Climate, said, “According to the Climate Policy Initiative, the amount of financing needed to be mobilized towards climate mitigation technologies by 2030 is $4.3 trillion annually and 21% of that finance is mobilized right now. So we need to take action and we need to decarbonize as fast as possible. This collaboration exemplifies our dedication to fostering international cooperation and collaboration of key industries in pricing carbon so that we can mobilize finance in the fight against climate change. By joining forces with Biotrend, we aim to catalyse transformative change and encourage companies in the energy sector, and other industries, to adopt a sustainable approach to managing their emissions.”
According to their website, Biotrend Enerji is a subsidiary of Doğanlar Holding that was established in 2017. The company aims to become a technological generation and application centre in addition to its mission of investing in alternative energy generation. As of the end of 2021, Biotrend Enerji has 13 active plants within its scope, including 11 biogas, 1 biomass and 1 waste fuel preparation and supply facilities. With their biomass and 4 biogas plants to be commissioned in 2021, their 18 plants which transform waste to power in 11 cities across 6 regions will meet the energy needs of hundreds of thousands of households.
