ACCESSWIRE
17 Mar 2023, 00:54 GMT+10
GENÈVE, SWITZERLAND and MEXICO CITY, MEXICO / March 16, 2023 / The Next 150, a climate-forward venture operator, has announced its official launch with offices in Switzerland and Mexico. The company is focused on scaling climate solutions in emerging markets to support the transition to a low-carbon economy.
The Next 150, founded by Patrick Atanasije Pineda and Constantin Ekierman, has raised $2 million in seed capital from Kemexon SA, with additional capital earmarked for investment to develop, scale and industrialize climate technologies, such as biochar production from waste biomass and its incorporation in soil and construction materials.
The Kemexon group is a global trading and supply chain logistics company with over 20 years of activity across a range of commodity products. 'We look forward to exploring opportunities and uncovering synergies with our existing interests in biomass markets, in support of the energy transition and a path to decarbonization.' - Alexia Bricout, co-CEO of Kemexon
The Intergovernmental Panel on Climate Change, IPCC, estimates that by 2050, we will need to remove 3-12 billion tons of CO2 from the air every year in order to meet the Paris Agreement goals. The Next 150 is developing high-quality emissions removal projects with a boots-on-the-ground approach.
About The Next 150
Ekierman and Pineda bring a unique set of experiences that has spanned executing over $350M USD in carbon markets, to building ISO-certified agricultural production and processing facilities. These projects and investments include inking a deal with a UEFA Champions League team for their carbon abatement goals, and the origination and structuring of a large-scale, high-tech biochar project in Latam, with an installed capacity of 50,000MT of biomass waste.
The Next 150's Mexico office is led by Luisa Marin, Country Director, bringing 25 years of experience from the international development sector having managed multi-stakeholder initiatives at The Nature Conservancy and Conservation International. The office has an experienced technical team headed by Benjamin Pozos, Technical Director, a lead verifier in carbon projects in Mexico under ISO 14064:3 and an industry veteran.
According to the International Monetary Fund, private sustainable finance in emerging markets and developing economies reached a record of $250 billion last year. The Next 150 will capitalize on the growth of green finance and carbon markets, utilizing its in-house operational experience to invest and operate in the global south, ensuring that local projects make a global impact.
Contact Information
Rafael Gamboa
Director of Communications
rafael@thenext150.com
+52 55 3227 3531
SOURCE: The Next 150 SA de CV
Get a daily dose of California Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to California Telegraph.
More InformationHANOI, Vietnam: Tensions were again increasing off the coast of Vietnam as Hanoi ordered its navy to shadow a Chinese ...
In Warsaw last February, President Joe Biden condemned the lawless Russian invasion of Ukraine: "The idea that over 100,000 forces ...
TOKYO, Japan: Fears over intensifying Chinese military activity directed towards Taiwan could escalate into war have prompted Japan, the United ...
TEGUCIGALPA, Honduras: After Honduran President Xiomara Castro severed ties with Taiwan in favor of China to gain more investment and ...
NEW YORK, New York - A Manhattan grand jury has indicted Former U.S. President Donald Trump for his role in ...
MEMPHIS, Tennessee: Tennessee authorities are slowly releasing information about a weekend car crash on a freeway that killed six young ...
DUBLIN, Ireland: Bank of Ireland has announced that it has raised fixed mortgage rates following a cumulative 3.5 percent rate ...
NEW YORK, New York - U.S. stocks finished the third quarter with a bang on Friday. Despite a volatile start, ...
CUPERTINO, California: In a move aimed at disrupting the fintech sector dominated by Affirm Holdings and Sweden's Klarna, this week ...
BURBANK, California: Walt Disney has begun its planned lay off of 7,000 staff, which was announced earlier this year.A letter ...
NEW YORK CITY, New York: A study published this week reported that China spent $240 billion between 2008 and 2021 ...
NEW YORK, New York - U.S. stocks posted a decent rally on Thursday with all the major indices making good ...