Categories: Business

ERM Launches ERM Climate Markets: Bridging the Gap towards Net Zero with High-Quality Carbon Credits

ERM, a leading environmental, health, and safety consultancy firm, has announced the launch of its new business line – ERM Climate Markets. This new venture is aimed at helping companies invest in carbon credits to address their greenhouse gas emissions and achieve decarbonization goals. With the growing demand for carbon offset projects and related credits as companies set net zero ambitions, this is an opportunity for companies to use offsets to bridge the gap in their emissions reduction efforts or to balance unavoidable emissions.

However, the market faces challenges with differentiating between high and low-quality projects due to insufficient data. To address this challenge, ERM Climate Markets will work with project developers to provide clients with high-quality carbon project development opportunities that deliver positive climate, community, and ecosystem outcomes. This will help clients de-risk their investments through enhanced due diligence.

According to Alex Cox, Head of Climate Markets at ERM, carbon markets play a crucial role in achieving global net zero goals by 2050. They also provide opportunities to finance nature and contribute to sustainable development. The new business line will help companies and investors access high-quality carbon credit portfolios aligned with their decarbonization actions, offering social, biodiversity, and economic benefits.

Tom Reichert, Group CEO at ERM, stated that as carbon credit strategies gain momentum, ERM Climate Markets is introduced to meet the evolving needs of clients. ERM already works with clients at every stage of their decarbonization journeys, and the new business line will further support companies in achieving their sustainability goals.

Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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