NOBON

💡New Feature: Enhanced KYC Flexibility on the Nobon Platform As Nobon’s SaaS platform enters 2025, we’re continuing to roll out powerful advancements to streamline and secure the end-to-end management of carbon projects, promote investment, and enable seamless transactions. We’re excited to announce a significant upgrade to our Know Your Customer (KYC) functionality: KYC requirements can now be configured both at the client level and on a deal-by-deal basis. This gives users greater flexibility and control when verifying stakeholders across various deals and project phases. Why It Matters? The enhanced KYC functionality is a key step in increasing transparency and trust in every transaction. It ensures the identity and legitimacy of all involved stakeholders, supporting the growing demand for credible, secure, and compliant investment in green assets. 🔍 How It Works? Flexible KYC timing: Investors can now complete KYC at any stage of the deal or project development process—not just during the investment phase. Custom configuration: KYC requirements can be tailored based on the needs of individual clients or specific deals. These improvements allow organizations to align KYC workflows with internal compliance requirements, helping accelerate project timelines and build stronger investor confidence. 📩 Learn more: Visit www.nobon.com or reach out to us at hello@nobon.com to discover how NOBON is driving the future of green asset development.

🍀 Climate Financing is unlocked through the new Clean Industrial Deal! 🍀 On Wednesday, Feb 26th, the European Commission unveiled the Clean Industrial Deal, a vision aiming to support the competitiveness and resilience of the EU’s industry while accelerating decarbonisation. The deal seeks to mobilize EUR 100 billion in public and private finance through a proposed Industrial Decarbonisation Bank comprising funds from the Innovation Fund, additional revenues resulting from parts of the ETS and a revision of InvestEU. The increased investment flows towards decarbonization projects and technologies are welcomed in times when the world needs to speed up net zero actions. 🌎 The overall push for industrial decarbonization will also drive the need for digital solutions that can provide transparent and traceable data on green projects and carbon emissions. There is a lot that still needs to be done on key areas like digital carbon finance infrastructure, technologies that can improve the measurement of carbon emission, and the monitoring, reporting and verification (MRV) of carbon projects. Something that the Clean Industrial Deal receives criticism for is the targeted simplification of the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive that include potentially reducing the number of companies required to report and reducing the amount of detailed data that companies must disclose. The objective behind these measures is to ease the regulatory burden on smaller companies, however, it does bring some concerns regarding less accountability in sustainability reporting. Overall, one of the biggest advantages of the new plan is the mobilization of carbon financing by encouraging the development of sustainability-linked loans, other incentives and financial instruments supporting climate investments. However, more additional finance would need to be unlocked and much much more redirection of capital from fossil fuel industries towards sustainable alternatives needs to happen.  What are your thoughts on Europe’s #climateinvestment ambitions and industrial decarbonization efforts? 💡 #CleanIndustrialDeal #EUdecarbonization #EU #climatefinance #climateaction #decarbonization

💡As a constantly evolving space, the #carbonremoval investment landscape is growing along with the potential and readiness of CDR solutions to deliver tangible results in climate change mitigation. Here we have compiled a list that encompasses leading #ClimateFunds 🌿 who are active in the CDR market and deploy catalytic capital into the growth and scale of these impactful projects. 💸 Microsoft Climate Innovation Fund - Microsoft’s climate initiative represents one of the most meaningful corporate contributions towards fostering and growing the nascent carbon removal market. The company has committed $1bn to this fund to fulfill its sustainability goals in order to become carbon-negative, water-positive, and zero-waste by 2030. The fund accepts applications from promising CDR approaches in an ongoing basis and cover a wide range of solutions such as #DAC, #BECCS, #naturebased projects, #biochar, #enhancedweathering, etc. 🚀 Breakthrough Energy Ventures - the climate initiative comprises several organizations founded by Bill Gates in 2015 to invest in key technologies tackling the climate crisis. It has committed more than $3.5 bn capital that aims to accelerate approaches with potential to significantly reduce emissions and could achieve a scale of at least 500 million tonnes of GHG emissions annually. Even though their focus is on engineered “breakthrough” technologies, BEV has a track record of investing into biomass burial and solutions that utilize nature-based processes. 🍀Climate Investment Funds - This is one of the largest funds dedicated to accelerating climate action in developing countries. Established in 2008 as a multilateral climate fund at the request of the G8 and G20, it consists of several funds focused on key climate mitigation sectors. One of their newest programs Nature, People and Climate (CIF NPO) supports nature-based solutions focused on connecting communities and nature. The program’s primary focus is on providing concessional financing through grants, low-interest loans, and other mixes of financial instruments. 💪 Grantham Foundation - Founded in 1997, The Grantham Foundation focuses on making an impact for a range of CDR solutions with potential for significant impact. Their portfolio includes approaches like DAC, biochar, enhanced weathering, ocean-based solutions, soil sequestration and other nature-based solutions. Through their environmental venture capital vehicle, Neglected Climate Opportunities LLC, they also invest into opportunities that may be overlooked by traditional investors. 💲Terraset Climate - The tax-deductible vehicle for investing into high-quality CDR is a non-for-profit that pools philanthropic donations into carbon removal with the pure goal of supporting the space. The fund doesn’t claim the credits but rather prioritizes expanding the financial resources for high-quality solutions. Their portfolio includes DACCS, enhanced weathering, biomass burial, biochar and others.

We are happy to accept this recognition by Carbon Standards International AG to be endorsed as a C-Sink Trader! 👏 This milestone highlights our commitment to facilitate the transparent transfer and retirement of carbon credits on behalf of our beneficiaries. We are eager to work towards enhancing the validation and credibility of carbon credits to strengthen carbon markets and bridge the gaps in visibility. For Nobon, the endorsement means: ✅ We are committed to conduct carbon market activities in compliance with CSI guidelines; ✅ We aim to play an increasingly significant role in supporting the trade of carbon sinks, contributing to the sustainable development of carbon markets; ✅ We want to work with other market participants on our long-term vision to promote the continuous strengthening of carbon standards and integrity of the market. Working with the Global C-Sink Registry, we will ensure to maintain the thorought recording of carbon market transactions and adhere to best practices. If you're curious to learn more about our activities in carbon projects development or if you're interested in joining hands with us for a more sustainable future, please don't hesitate to reach out at hello@nobon.com. 

🎄Happy holidays from the Nobon team!🎄 As we come to the year end of 2024, we would like to take a moment and wish a wonderful holiday to our community! 2024 has been an incredible year of transformation and achievements for the company and we are incredibly proud of the team’s hard work, dedication and perseverance. We are thrilled to share key updates and milestones with you in 2024: 🚀Platform Expansion and SaaS Success: We successfully launched our multi-tenant green asset platform as a SaaS offering, attracting multiple paying customers with steadily growing demand from project developers and investment firms. 🌿Strategic Business Evolution: Nobon transitioned to a co-developer/co-owner model for supported projects, securing €1M in catalytic financing. This evolution positions Nobon for long-term value creation. 📈Pipeline Growth and Milestones: Our project pipeline expanded to $750M in total projected value. Projects milestones: -Namibia Biochar Project: Registration completed; operations and sales to commence in Q1 2025. 🌱 -Kisumu Regeneration Project: Secured a €425K grant to fund the pilot phase, with registration on track for Q3 2025.🌳 -Kajiado Partnership: Partnered with the Kajiado County Government in Kenya to develop large-scale landscape restoration and regeneration projects.🥬 💡Derisking and Financing Innovations: We achieved breakthroughs in innovative financing mechanisms: -Sovereign Platform Guarantee Instrument: Designed to derisk projects and attract capital. -Secured catalytic grants and initial funding partners to support scalable projects across jurisdictions. 👥Team Growth and Expertise: Our team continues to grow, with new talent and advisors supporting our mission: -Engineering: Aly Sawadogo (Backend Software Development Lead) and Matthew O. Wacha (Frontend Software Development Lead). -Communication: Petya Trendafilova (Communication and PR Lead) -Advisory Board: Andrew Ocama (Expertise in carbon project development) and Holger Schmid (Extensive experience in nature finance). Looking Ahead in 2025 we aim to: 🤝Onboard new SaaS customers and expand our project portfolio. 📈Accelerate project monetization and enhance scalability with AI-powered tools developed in collaboration with AWS that streamline project design and documentation. 🙏Advance strategic collaborations with Danske Bank, AIIB, Mastercard, SIDA and other financial leaders to drive innovative climate finance solutions. 🎇Wishing you a Merry Christmas, joyful holidays, and a prosperous New Year! Let’s work together to scale climate financing, green projects infrastructure and reach even greater heights!💫

🌍One of the key developments this year for #carbonmarkets was the acceptance of the #Article6.4 methodology requirements for developing and assessing #carboncredits as part of a #UNFCCC-governed global carbon market💸. The next step is for the UN Supervisory Body to develop and establish the methodologies themselves for various project types. Project developers can also submit proposals for methodologies. During #COP29, the UN Supervisory Body adopted two standards: -The requirements for the development and assessment of Article 6.4 mechanism methodologies: https://shorturl.at/fS8kk -The requirements for activities involving carbon removals under the Article 6.4 mechanism: https://shorturl.at/8WFow 🍃What actually is Article 6.4 and how will it work? Article 6.4 of the Paris Agreement is the establishment of an international carbon market that is centralised or governed by an authority - the United Nations Framework Convention on Climate Change (UNFCCC) and comes as a need for countries and companies to follow a more stringent, reliable and standardized system of trading emission reductions. There is also a need on the market for ensuring carbon credits meet high environmental integrity. Article 6.4 will facilitate countries in reducing their carbon footprint and achieve their NDCs. The successful set-up of a high-integrity global carbon market has the massive potential to unlock private finance for accelerated climate change mitigation.  🧾The Article 6.4 mechanism will work as the central governing body (the UN Supervisory Body) will oversee the implementation of the mechanism and how the carbon credits are developed, registered, verified and certified. The carbon credits are referred to as Article 6.4 Emission Reductions (A6.4ERs) and include emission reductions and removals. It is still not certain whether emission avoidance or REDD+ projects will be considered eligible activities for Article 6.4ERs and discussions on that topic are still undergoing. 🗺️As part of the operation of Article 6.4, project developers of green projects such as renewable energy, reforestation or carbon removal can submit proposals to the UN for approval. Projects that align with the agreed methodologies will be able to issue Article 6.4 credits (A6.4ERs). Those credits are expected to meet higher standards for quality and integrity than currently available at scale on the voluntary carbon market. The Supervisory Body will be responsible for: -the verification and validation of credits, -for the issuance of credits, -it will establish monitoring, reporting and verification to ensure the quality of credits. ✅Approved projects will have to report regularly to the UN on their emissions reductions and compliance with the methodologies. The A6.4ERs could then be traded on: -the voluntary carbon market; -regulated markets; -by countries, companies and individuals to achieve their climate goals.

#COP29 marked a central development for carbon markets with the acceptance of the standards of a global centralized #carbonmarket governed by the UN, known as the Paris Agreement Crediting Mechanism that falls under Article 6.4 of the Paris Agreement.🌱 A UNFCCC-governed carbon market is expected to fuel more demand for carbon projects as countries will start trading carbon credits in a governed and structured way to meet their Nationally Determined Contributions (NDCs). The overall objective of Article 6.4 is to accelerate global #climateaction by supporting green-transition projects across borders and increase climate ambition in the long-run. 💪 But what does #Article6 of the Paris Agreement actually mean along with Article 6.2 and 6.4 we see so often? Article 6 literally looks into different ways for countries to cooperate towards the implementation of their #NDCs through carbon markets, explored in Articles 6.2 and 6.4 and non-market approaches - in Article 6.8. 🤝   🌍Article 6.2 provides a framework for countries to trade carbon credits also known as Internationally Transferred Mitigation Outcomes, among themselves in order to achieve their NDCs. Some key characteristics: - a decentralized way for countries to trade emission reductions with a less formal oversight;  - participating countries negotiate the exchange via bilateral or multilateral agreements; - there are rules for corresponding adjustments or the mechanism that avoids the double counting of carbon credits;  - when trading credits under Article 6.2, each country itself is responsible for authorizing the issuance, transfer, and retirement of credits as well as monitoring, reporting, and verifying (MRV) the quality of the credits;  - Article 6.2 focuses on a cooperative approach between countries. The lack of a central authority overseeing the process raises a certain level of concern and criticism about ensuring integrity and some countries are also concerned on developing the needed capacity. 🌍Article 6.4, on the other hand, offers a framework for a centralized system of trading credits between countries. Some characteristics: - provides a structured system of trading ITMOs governed by a central authority -the UN, creating a global carbon market;  - trading emission reductions under Article 6.4 is used for the same purpose from countries - to meet their NDCs; - Article 6.4 aims to offer a structure and more robust unified standards for carbon project development and credit issuance which would lead to enhanced credibility, integrity and efficiency in the market. Article 6 of the Paris Agreement overall offers flexibility for countries to choose what they wish - to collaborate in a decentralized way through bilateral carbon trading or in a centralized way through a UN-managed global carbon market. The goal is to unlock opportunities for them to work together to reduce emissions. Stay tuned to learn more about Article 6.4 and how it impacts the #voluntarycarbonmarket!

#COP29 Recap 🔬 COP29, known as the Climate Finance COP💸, ended with a final agreement on allocating $300 billion annually by 2035 from developed to developing countries on climate change mitigation and adaptation, with efforts from public and private sources to scale up finance to $1.3 trillion per year by 2035. The agreement raised tension, anger and bitterness that some delegates called “not seen in years”. The UN has estimated that the amount developing nations would need is approximately $6 trillion to enact climate change plans by 2030. 🔔Countries like China, Saudi Arabia and South Korea are not part of the $300bn commitment even though they are considered capable of making contributions to climate finance. China - the world’s largest emitter, has experienced a record-breaking expansion of renewables like solar and wind, adding more new capacities than the rest of the world, also contributing with $34.3bn in climate finance in total towards developing countries by 2021. However, it is also responsible for adding 70.2GW of new coal capacity construction in 2023 compared to the rest of the world’s 3.7GW, which highlights the country’s massive impact on emissions reduction targets. 💡The ever-increasing energy needs of the developing world are striking with their reality. Helping developing countries contribute to the energy transition goal of tripling renewables capacities agreed at COP28 was another area of focus for climate advocates. UN Secretary-General António Guterres confirmed that everyone's NDCs must: “cover all emissions and the whole economy, accelerate fossil fuel phase out.” He called the end of the fossil fuel age “an economic inevitability” and asked for new national plans to accelerate the shift, and ensure “it comes with justice.” 💰Ramping up public and private investments for new energy capacities like solar, wind, nuclear and other renewables, as well as accelerating breakthroughs and innovation in energy storage and alternative new technologies like green hydrogen this decade is critical to keep the 1.5 degrees of warming target in check. Current projections are showing the world is on track to add another 350 gigatons of CO2e by 2030 with global temperature rise projected to surpass the 1.5 barrier by 2030. Tripling global installed renewables capacity to 11 000 GW by 2030 is expected to provide the largest emissions reductions to 2030 in the net zero scenario - a clear direction for the world to take. Even though it has a long way to go to reach the target, a new global carbon market is providing an opportunity to win the race!🏃➡️ #climatefinance #COP29takeaways #renewables #carbonmarkets

#COP29: KEY TAKEWAYS ON CLIMATE FINANCE🎙 This year’s COP was quite eventful and managed to achieve developments on long-negotiated topics that other COPs didn’t: 🚀COP29 opened with a big announcement of approving the standards for a global carbon market that fall under Article 6.4 of the Paris Agreement. The Article 6.4 Mechanism approval is a step forward for countries to start trading emission reductions and removals to fulfill their Paris agreement commitments also called Nationally Determined Contributions (NDCs). It is estimated that a global carbon market would reduce the cost of implementing NDCs by 250 billion dollars a year. The existence of official reliable carbon market standards and guidelines should also increase demand and activities in voluntary carbon markets by enhancing the integrity of carbon crediting projects. The carbon market rules, however, were approved without discussions or debates which raised sharp criticism. Delegates claimed the approval was necessary to support the main theme of COP29 - boosting climate finance for developing countries. 💰Private finance is once again highlighted as the key player in closing the gap between NDCs and what is actually needed to limit global warming to 1.5C. According to research, current NDCs are far from doing what is necessary and are actually putting the world on track for a 2.5-2.9°C rise this century. ⚔Former U.S. Vice President Al Gore slammed powerfully the oil and gas industry, delivering a strong speech during COP29, calling for an immediate climate action and mobilization of private capital. He highlighted that the single state - Florida (also famous for being a state of climate change deniers) has more solar panels than the entire continent of Africa. “Africa has 60% of the solar potential of the entire world… Yet, this pitiful result is because Africa is walled off from access to private capital on equal borrowing rates so they can participate in the clean energy revolution.” His speech is just another testimony of the urgency of streamlining private capital to the developing world. Its massive potential in fighting the climate crisis needs to be realized more than ever and is URGENT. ⏩ 🚥A new draft proposal was issued on Nov 22nd from developed countries to increase climate finance for developing nations from $100 billion to $250 billion per year by 2035. That is less than what developing countries have requested. The proposal was met by sharp criticism and waves of disappointment. The World Economic Forum estimates that climate change damage would cost the world $1.7tr-$3.1tr every year by 2050. This means that both the private and public sector would need to understand the importance of paying now and allocate the necessary capital required for the full decarbonization of the economy. They also need to realize this is not a voluntary activity! What are your main takeaways from this COP?🌍Please feel free to share. #COP29takeaways #climatefinance

🌟 Thrilled to Announce Two New Additions to Our Advisory Team! 🌟 We’re excited to welcome Andrew Ocama and Holger Schmid as esteemed members of our advisory board. Both bring unparalleled expertise in sustainable development and environmental strategy, making them exceptional partners in advancing our mission. 🌍 Andrew Ocama Andrew is a trailblazer in sustainable development, with a wealth of experience in climate finance, biodiversity, and carbon markets, particularly within Africa. With a strong background in wildlife health and geographical information systems, he has spearheaded strategic programs that address human development and resource sustainability. Andrew’s dedication to shaping holistic development frameworks aligns perfectly with our goals. His expertise in financing, research, and program management will be invaluable in creating impactful solutions for our planet’s most pressing sustainability challenges. 🌍 Holger Schmid  With over two decades of experience, including 15 years in philanthropy, Holger’s leadership has driven transformative initiatives across circular economy, biodiversity, and sustainable agriculture. His strategic approach has shaped a 50M portfolio, engaging diverse stakeholders from think tanks to community groups. Known for his innovative collaboration formats and strong cultural understanding, Holger is a powerful advocate for systemic change in global and regional environmental policy. We are eager to work alongside him to amplify our environmental and social impact. Please join us in welcoming Andrew and Holger! 🌱 Their combined expertise and passion will help drive our vision forward. #Sustainability #AdvisoryTeam #Leadership