Financing The Future With Carbon Credits

PIHG has long believed that carbon credits have an important role to play in funding sustainable technology and projects, so it was good to see this week’s Statement by the White House on Voluntary Carbon Markets (“VCMs”), which touched on the problems to date, the opportunities, and set out Principles, actions and support to make VCMs and carbon credits effective tools going forward for funding projects in the US and internationally.

The Statement recognized that much of the failure to date in VCMs has been due to a lack of confidence in the system, after a series of scandals and a perceived lack of integrity. In contrast to the highly regulated government led European system, the US is providing voluntary guidelines, leaving it to the private sector and industry to build the systems and integrity to grow the market from the current US$1.7 billion to a projected $250 billion in 2030 and US$1.1 trillion in 2050.

Which is good for us. Our management team has been involved in carbon credits since the ‘90s, in multiple international markets. Recognizing the weaknesses and problems in the existing VCM, PIHG has been working with a range of partners globally, building a community of solutions providers, investors and financiers in the carbon credit space, to be able to provide a trusted, complete solution to project developers, carbon credit traders and investors, communities and countries.

The Statement highlights integrity as being the key to building confidence in and ultimately the success of VCMs – through transparency, reduced complexity, accountability, responsibility, and genuine action and intention to reduce emissions.

Integrity comes from:

• Good reporting
• digital, blockchain, financial, and on the ground systems and people to ensure that the actions, assets and data are real, both at the time and with continuous real time monitoring and reporting.
• Our focus on digital exchanges, tokenization, digital assets and finance, satellite, AI and blockchain based systems provides us with the reporting, data, finance and monitoring tools for reporting, trading and investing
• Our global network of partners built up over the last 4 decades means we have people on the ground for the projects we get involved in, in contrast to most other participants in the market.
• Good projects
• Projects that reduce emissions, promote sustainability and better ways of doing things, and are able to survive and thrive, not greenwashing, quick fixes and projects set up just for compliance/tick the box/finance scams.
• Our global network of partners on the ground means we can find the good projects, and work with them to make sure the project does what it’s supposed to do, at the start and going forward (very important for continued carbon credit, esg etc compliance).
• Good returns
• Money makes the world go round, and stops it overheating.
• Private sector capital is vital to reduce climate change and fund sustainable development and solutions. The private sector needs to see good returns on investment and resources to convince it to get involved
• PIHG thrives when our projects, partners and investors thrive.

We’re building the platform that meets those needs, to be the go-to credible partner for a sector poised for massive growth, as part of the continuing funding revolution that is seeing trillions of US$ shift towards digital and sustainable finance, sustainable projects and technologies, and Developing Economies.

See the attachment for details of what we’re doing, or contact us directly to see how you can be involved or participate in our projects - info@pluralihg.com or visit www.pluralihg.com or LinkedIn  

Your attention is drawn to the Forward-Looking Statement notice attached, which is an integral part of, and should be read in conjunction with, this news release.