Aspiration Becomes Foundational Investor in Compassionate Carbon to Further Innovation ...


credit: youtube

One of the biggest carbon traders in the world is teaming up with one of the biggest tree-huggers to create what the New York Times calls "one of the biggest carbon markets in history."

The companies, Aspiration and Compassionate Carbon, say they'll work together to create hundreds of millions of dollars' worth of "high-quality nature-based carbon removal credits" from tree restoration projects around the world.

"This crucial partnership will educate, support, and ultimately drive positive climate action with the largest organizations in the world that want to take action and invest in high-quality carbon removal programs with verifiable and lasting co-benefits to local communities and the environment," Bryan Adkins, CEO of Eden Reforestation Projects, says in a press release.

The restoration projects are expected to remove up to 300 million metric tons of carbon from the atmosphere by the end of the next decade, per the Times, which notes that carbon dioxide is the chief greenhouse gas blamed for climate change.

The restoration projects are expected to benefit local communities, wildlife, and the environment, per the press release.

"Aspiration has a unique role in helping companies reach their carbon emissions goals by connecting projects and developers directly with our corporate partners," Olivia Albrecht, CEO of Aspiration, says in the release. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

The Impact Investing Case for Telecom Companies

"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more

5 Ways to Guide Clients on Esg and Impact Investing

Environmental, social, and governance (ESG) investing has gained popularity in recent years as clients seek to align their investments with their values and promote positive change in the...more

Leading Impact Investors and Philanthropists Convene for
Foundation: Silicon Valley Community Foundation, California Endowment

In 2024, Los Angeles will host the Mission Investors Exchange 2024 National Conference, an annual conference that brings together more than 750 philanthropy and impact investing leaders from across...more

Leading Impact Investors and Philanthropists Convene for Mission Investors Exchange 2024 ...
Foundation: California Community Foundation, California Endowment

Ava DuVernay financed her latest film with money from the Giving Pledgean initiative of the California Endowment, the largest US foundation to commit its entire $4 billion portfolio to social and...more

Leading Impact Investors and Philanthropists Convene for Mission Investors Exchange 2024

In what may be a first for a major US city, Los Angeles has been chosen as the site of the 2024 Mission Investors Exchange National Conference, a conference that will focus on "investing in social...more

Dentsu Creative Joins Forces with the Global Energy Alliance for People and Planet (Geapp ...

"No one country and no one organization can achieve this alone," says GEAPP Chief Communications Officer Kate Wills. "This is why we are committed to forming an ever widening and diverse alliance...more

Wilkes Center Announces 7 Finalists for $500K Climate Launch Prize

The University of Utah's Wilkes Center for Climate Science and Policy has narrowed its list of finalists for its $500,000 Climate Launch Prize to seven. The goal of the prize, which is one of the...more

The Growth of Social Enterprises €” For-Profit Businesses That Tackle a Social Problem

"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads. "You actually are moving someone from...more

Youth-Led Startups Showcase Sustainable Development Solutions at the Youth Social ...
Foundation: Citi Foundation

"To the youth, I urge you to be proactive, resilient, and persistent on your entrepreneurial journey," says the UN's resident representative in the Philippines. "Make your voices heard, take up...more

Canada and India Announce Funding for Innovations to Improve Child Health

Canada is putting its money where its mouth is, with a $2.5 million investment in five projects in India meant to help the country's poor, the Toronto Star reports. "Many of these novel projects...more





Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.