Articles from Rubicon Carbon

Rubicon Carbon, a vertically integrated carbon credit investment and management firm, signed an agreement to deliver two million high-quality Afforestation, Reforestation, and Revegetation (ARR) credits to Microsoft over nine years. The credits will be sourced through 2035 from Kijani Forestry’s Smallholder Farmer Forestry Project, which is one of the first to be approved under Uganda’s Climate Change Mechanisms Regulations.

Rubicon Carbon, a leading carbon credit management firm, announced today that ByteDance, the global technology company behind content platforms including TikTok, has purchased the right to retire more than 100,000 tonnes of carbon credits. The credits were purchased through Rubicon Carbon’s flagship carbon credit offering, the Rubicon Carbon Tonne® (RCT), and represent a milestone on ByteDance’s path toward achieving its carbon neutrality target by 2030 while also underscoring the company’s commitment to high-integrity climate action.

Rubicon Carbon, a carbon credit management firm, today launched the Rubicon Rated Tonne (RRT), a new set of curated carbon credit portfolios for customers seeking credits with third-party verification. The first of these portfolios has received an AAport rating by BeZero Carbon, a leading independent carbon ratings agency, through its new Portfolio Rating framework, indicating that each portfolio credit has a very high likelihood of achieving one tonne of CO2e avoidance or removal.

Rubicon Carbon, a leading carbon credit management firm, today entered into a framework agreement with Microsoft to facilitate the purchase of 18 million tonnes of high-quality carbon removal credits – one of the largest single-buyer commitments of its kind in the world. Each carbon removal transaction under this deal will be structured as 15- to 20-year offtakes, supporting a pipeline of individual Afforestation, Reforestation, and Revegetation (ARR) projects worldwide.

Rubicon Carbon, a carbon credit management firm, today announced a new partnership with Formula E Champion and ABT CUPRA driver Lucas di Grassi to purchase carbon credits using the company’s platform. Di Grassi is the first Formula E driver to offset his carbon footprint by personally investing in carbon credits.

Rubicon Carbon (“Rubicon” or “The Company”), a leading innovator in climate solutions, today announced new offerings designed to complement the company’s unique approach to risk adjustment.

Rubicon Carbon, a next generation carbon solutions provider, today announced a strategic partnership with CHOOOSE, a leading SaaS platform enabling businesses to integrate climate action into customer experiences through automation and reporting.

Rubicon Carbon, a next generation carbon solutions provider, and Freepoint Commodities today announced they have entered into an agreement with Imperative Global (“Imperative”) for the development, financing, and marketing of up to $500 million of Imperative’s high-quality carbon projects.

Rubicon Carbon, a next generation carbon solutions provider, today released a white paper detailing a novel risk adjustment framework for new and legacy carbon credits. The framework is designed to create high integrity carbon credits and drive confidence in the voluntary carbon markets by addressing current issues such as overcrediting risk, future delivery risk, and other risk factors that impact credit quality.

Rubicon Carbon (“Rubicon” or “the Company”) today announced its launch as a market-based products and solutions platform to help lead the next generation of the carbon market. With an initial capital commitment of $300 million from TPG Rise Climate, TPG’s dedicated climate investing strategy, and TPG’s multi-sector impact investing strategy The Rise Fund, Rubicon was developed to deliver greater scale, confidence, and innovation across all facets of the carbon market and meet the growing demand for end-to-end, high-integrity emissions reduction solutions. Bank of America, JetBlue Ventures, and NGP ETP, the energy transition investing platform of NGP, are also expected to participate in Rubicon’s initial equity financing and intend to close on their co-investment by the end of Q4 2022. Including contributions from TPG Rise and co-investment, Rubicon is targeting total capital commitments of $1 billion.