Marex Will Take A Minority Stake In Key Carbon And Provide Financing For Carefully-sourced Offset Projects
Portfolio Pulse from Benzinga Newsdesk
Marex is taking a minority stake in Key Carbon and providing financing for carbon credit projects, focusing on low-emission cookstoves in Africa through Global Cookstoves, a joint venture with BURN Manufacturing.
September 26, 2024 | 11:26 am
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POSITIVE IMPACT
Marex is investing in Key Carbon to finance carbon credit projects, particularly low-emission cookstoves in Africa, enhancing its sustainability profile.
Marex's investment in Key Carbon aligns with growing trends in sustainable finance and carbon offset projects. This move could enhance Marex's reputation in sustainability, potentially attracting more investors interested in ESG (Environmental, Social, and Governance) criteria.
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