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Carbon Streaming Corp.has had a busy year, dramatically increasing its portfolio and beginning to realize the results of its initial carbon credit streaming agreements.

The Toronto-based company, formed in 2020, offers exposure to carbon credit investments.

It works by investing capital in conservation, direct air carbon capture, or reforestation projects around the world in exchange for the resulting carbon credits. Carbon Streaming then sells those credits to buyers around the world, with 80 to 90 per cent of the revenue shared back with the project developers.

Typically, these projects are funded for 20 to 40 years.

“We've added now 19 projects to the portfolio since the beginning of last year (2022). We now have 22 projects in 12 countries around the world," Justin Cochrane, Carbon Streaming’s CEO, told SustainableBiz.

The firm's earliest investments are coming to fruition: "The second (development) would be now getting first delivery of credits, and starting to sell credits and form corporate partnerships, to really help these corporates meet their net-zero ambitions.

“We're expecting delivery from over 10 of those 22 projects in our portfolio.”

In late 2022, the company was accredited by the International Carbon Reduction and Offsetting Accreditation, as well as the International Emissions Trading Association.

Nicholas Sokic Business reporter - Read Article