London-based startup Carbon Neutral Royalty raises USD 25 million in financing

March 27, 2023, London — Carbon Neutral Royalty Ltd. (“CNR” or the “Company”) (Private), a permanent capital vehicle to finance and support high-integrity decarbonization projects, is happy to announce that it has closed its most recent facility worth up to USD 25 million with North American investment company Beedie Investments Ltd.

The money obtained from the Placement will fund commitments with current partners and pipeline projects that follow CNR’s investment goal of reducing climate change and assisting local people. CNR is guaranteed dependable access to premium carbon credits through its long-term collaboration arrangements.

By collaborating with the top developers across its selected carbon solutions categories, CNR has quickly expanded its effect in the Voluntary Carbon Market since its start. CNR collaborates closely with its partners to finance and create initiatives with substance and integrity. These initiatives benefit regional people, economies, and ecosystems while also helping to reduce carbon emissions on a global scale. The sponsorship of 926,925 fuel-efficient cookstoves dispersed across eight African countries and the planting of 3.75 million mangroves in Asia are just two examples of how CNR’s investments have directly advanced the UN’s Sustainable Development Goals so far.

The Company adheres to the guidelines made by Lothe Integrity Council for the Voluntary Carbon Market (ICVCM) for high-quality carbon credits as part of its commitment to the project and credit integrity. In compliance with the Voluntary Carbon Markets Integrity Initiative’s mitigation hierarchy and claims advice, CNR encourages the proper use of voluntary carbon credits (VCMI).

CEO of Carbon Neutral Royalty, Luke Leslie, stated:

“We’re thrilled to have concluded this most recent round of funding with a partner of the caliber of Beedie Capital. CNR aims to promote the flow of much-needed money to high-impact initiatives by allocating investment based on our own research of the VCM and employing creative frameworks.

The earnings from this Placement will advance existing commitments while also contributing to funding upcoming initiatives, frequently in the most climate-vulnerable regions, where we see genuine benefits for communities and wildlife.”

An experienced team launched Carbon Neutral Royalty in August 2021 to fund initiatives in the voluntary carbon markets. Carbon Neutral Royalty is building a top-notch, long-lived portfolio of carbon credit-generating projects globally to assist businesses in keeping their climate commitments. We aim to quicken the pace of climate and biodiversity action, which we accomplish through funding significant initiatives.

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