At NCX, we are proud to democratize access to carbon markets for all forest landowners, regardless of size. Traditional forest carbon markets have excluded small family landowners due to high upfront costs and long contract terms. To solve this problem, we designed our forest carbon program with no acre minimums, one-year contracts, and no enrollment fees for landowners. We are proud to say that in our last commercial cycle, 577 American landowners were accepted as participants, 61% of whose enrolled properties were under 750 acres in size.
The democratization of access value is why we are excited to be partnering with Pledge, who democratizes access on the other side of the carbon market. Pledge has developed technology to ensure businesses of all sizes can take part in the carbon market and be part of the climate solution.
Pledge’s co-founders come from the fintech industry, and are applying innovative fintech concepts to carbon markets to ensure inclusive access. For example, Pledge allows businesses to fractionalize offsets, and only pay for the carbon removal they need at that time. This allows smaller businesses to take an active role in carbon removal alongside the bigger players.
More generally, Pledge is a carbon measurement and offsetting platform for climate-conscious transportation and logistics. They make it simple for businesses of every size to understand and manage their climate impact across any mode of transport (road, rail, air, sea). Pledge automates the delivery of climate solutions – such as footprint measurement and offsetting – into customer journeys by removing the friction in calculating greenhouse gas emissions as well as in accessing high quality carbon offsets.
NCX credits are currently available through the Pledge platform, including offsetting the carbon emissions of freightages, ecommerce purchases, fulfillments and deliveries, business or customer flights, and more. Pledge focuses on logistics and transportation and is proud to have NCX high-integrity carbon credits as an offset option.
“We are excited to be working with NCX as we share the same values in democratising access to the carbon markets, as well as creating a rapidly scalable solution to the climate emergency,” said David de Picciotto, co-founder and CEO of Pledge.
As David mentions, this is a critical decade for the climate – we must take action now and we are grateful to be partnering with Pledge on this journey.