- ShiftCarbon (SHFT) has beta launched its carbon credit trading platform
- Available to all its customers, the platform is out to offer a more resilient and flexible infrastructure to list, buy, sell, and verify voluntary carbon offsets
- ShiftCarbon’s solution to the challenges faced by the voluntary carbon market is a platform that allows offset creators, buyers, and sellers to trade while maintaining transparency and trust with global verification bodies
- ShiftCarbon (SHFT) opened trading at $0.07 per share
ShiftCarbon (SHFT) has beta launched its carbon credit trading platform.
Available to all its customers, the platform is out to offer a more resilient and flexible infrastructure to list, buy, sell, and verify voluntary carbon offsets.
A report from McKinsey Sustainability anticipates the carbon offsets market could be worth of $50 billion by 2030. The company wants to streamline and simplify the complex processes companies must adhere to and provide them as a service back to those companies.
ShiftCarbon’s solution to the challenges faced by the voluntary carbon market is a platform that allows offset creators, buyers, and sellers to trade while maintaining transparency and trust with global verification bodies.
“The voluntary carbon market is an essential component in the global effort to combat climate change and create a more sustainable future,” stated Wayne Lloyd, Founder and CEO of ShiftCarbon. “We are proud to be a part of this new market, building critical infrastructure that makes carbon offsetting more accessible and streamlined for all players. Backed by the U.S. and European governments, the voluntary carbon market has the potential to deliver trillions of dollars of investment to support the transition to renewables and mitigate the worst impacts of climate change.”
ShiftCarbon offers a platform for carbon accounting, offsets, and MRV (measurement, reporting and verification) automation. The company also operates TraceSafe, a leading IoT cloud platform using sensor technology to deliver precise and timely information in healthcare, hospitality, construction, events, education, and government.
ShiftCarbon (SHFT) opened trading at $0.07 per share.