ZERO13 and XTCC, leaders in climate finance, have jointly announced a statement of accord aimed at attracting a $100 billion capital market investment into high-integrity carbon credits.
ZERO13 is an automated AI and blockchain-driven international carbon exchange, registry and aggregation hub and ecosystem by London-based GMEX Group.
The accord, unveiled by ZERO13 and XTCC at the World Economic Forum taking place in Davos, Switzerland this week, addresses the urgent need to bridge the multi-trillion-dollar annual gap in climate finance.
Signed by influential global investors, it focuses on leveraging ZERO13’s digital platform infrastructure and XTCC’s exchange-listed investment products.
XTCC has introduced the first in a series of such products, offering high-integrity carbon credits sourced from verified renewable energy and regenerative agriculture projects.
The World Economic…