Innovative FinTech and Funding solutions allow firm to support projects that offset millions
of tons of carbon dioxide whilst enabling global trade
PRESS RELEASE – 7th December 2020
SINGAPORE, Dec. 7, 2020 — TradeFlow Capital Management (TradeFlow), the innovative FinTech powered fund manager headquartered in Singapore, has launched its Climate Impact Strategy unique within the Commodity Trade Financing Industry that has the potential of offsetting millions of tons of CO2 carbon emissions whilst fulfilling its business mission of supporting SMEs globally by enabling their physical commodity import/export transactions
As part of its wider Climate Impact Strategy, TradeFlow offsets the Carbon emissions generated by the transportation of the International Commodity transactions it enables; these carbon offset targets are achieved through partners such as Carbonfund.org Foundation and AirCarbon Exchange.
“We are grateful for the support of TradeFlow for our work in combating climate change through supporting our carbon offset projects. Crucially, this allows our foundation to protect local forest communities, preserving not just biological but also cultural diversity. We are at a crucial moment for the protection of the Amazonian Basin, an area which is at great risk from large-scale deforestation that will worsen climate impact,” explains Eric Carlson, President of Carbonfund.org Foundation.
“AirCarbon’s securitization of carbon into tradable securities allows TradeFlow to seamlessly attach carbon offsets to commodities in their supply chain. Offsetting the carbon footprint of commodities with ACX instruments, enables TradeFlow to demonstrate absolute transparency to market participants. More importantly, carbon becomes a tradable instrument attached to traditional contracts like LNG. Liquidity and low fees within a traditional exchange framework means TradeFlow can look at carbon holistically as a leverageable asset on their balance sheet,” says William Pazos, Co-Founder and COO of AirCarbon Exchange.
Says Tom James, CEO of TradeFlow: “We strongly believe in using FinTech-based market mechanisms to combat climate change, and are privileged that our unique trade funding model and tech platform allows us to do so. We hope our initiatives encourage more firms to innovate in ways that allow sustainable investment returns, whilst being able to support the United Nations’ Sustainable Development Goals.”
“Mitigating climate change can improve the lives and livelihoods of millions as well as support the long-term development of the Global Commodities industry. TradeFlow believes that working with strategic partners is the best way for us to contribute towards a more sustainable future for our industry and for humanity, and to reverse the harmful effects of climate change,” emphasises John Collis, CLO of TradeFlow.
