Berlin-based startup goodcarbon raises €5.25m funding for its long-term carbon credit portfolios

Berlin-based startup goodcarbon has secured €5.25 million in funding to bring new high-quality Nature-based Solutions to market and enable companies to deliver on their long-term net zero and nature pledges with confidence.

goodcarbon provides a platform for companies seeking to establish and manage trustworthy, long-term carbon credit portfolios from Nature-based Solution assets. The startup’s approach involves close collaboration with impact-driven projects and the cultivation of exclusive goodcarbon Original projects.

At the core of its model, lies the recognition that the following three big challenges of our era are interlinked and demand a unified solution: Climate Warming (net zero target), Loss of Nature (biodiversity target) and Global Inequality (SDG target). In the years to come, the startup wants to become an integral part of corporations’ carbon compensation plans in Germany and beyond.

Jérôme Cochet, Founder and CEO, goodcarbon: ''The funding round marks a pivotal moment for goodcarbon and our mission to provide companies with access to high-quality Nature-based Solutions assets, empowering them to realize their emissions reduction strategies while protecting our planet. While it’s estimated that 10 billion tons of carbon reductions can come from nature by 2030, we need to close the finance gap for high quality assets. Many companies hesitate to close long-term partnerships with projects due to a lack of availability and transparency regarding the projects’ true quality. With the Ocean 14 Capital fund and Silverstrand Capital on board, we are strengthening our global network and expertise in Nature-based Solutions and have experienced new partners on our side to expand our goodcarbon Originals projects.''

Nature-based Solutions are projects designed to protect, sustainably manage, and restore natural and modified ecosystems, effectively addressing social challenges while concurrently benefiting both people and nature (IUCN). These projects deliver long-term, environmentally and economically sustainable impacts for nature, local communities and investors alike. Supporting early-stage Nature-based Solutions means initiating high-impact, high-integrity projects that are scalable, drive innovation and restore and conserve ecosystems. Indeed, Nature-based Solutions represent the most effective tool in the fight against climate change, biodiversity loss and social inequality.

George Duffield, Founding Partner and Chair of Impact, Ocean 14 Capital: ''We are thrilled to be part of goodcarbon’s journey, supporting their mission to provide companies with access to Nature-based Solutions. We are particularly impressed with their science-based quality approach as well as the product-market fit. The fact that they already collaborate with leading corporations such as Deutsche Telekom, Bertelsmann and Melitta definitely proves their potential to lead in this space and make a change. We look forward to supporting goodcarbon in enabling more companies to confidently fulfill their net-zero and nature-positive pledges.''

www.goodcarbon.earth