Carbon markets investor, Carbon Growth Partners CGP, is betting on an imminent correction in the price of carbon credits to bridge the gap between impact and for-profit investing.
Following stronger-than-expected demand for its debut fund, Carbon Growth Opportunities Fund, recently the firm launched a second vehicle focussed on investments that contribute to a global reduction in CO2 emissions.
“We aim to be dedicated investment managers in what most people call the voluntary carbon market’ VCM - but we consider to be the verified carbon market,’ because in our view, emissions reductions aren't voluntary,” founder and CEO, Rich Gilmore, told FinanceAsia.
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