EcoSec lines up $100 m for carbon credits
In the Business Standard: EcoSec lines up $100 m for carbon credits
EcoSecurities Group, one of the largest originators of carbon credit projects, has raised $100 million to invest in Indian projects for reduction of carbon emissions, and set up a new office in Mumbai for the purpose. The company will soon come out with its initial public offer.
The company will assist local project developers in entering the carbon credit market and work with them throughout the completion of the projects. It will monitor and transact GHG (greenhouse gas) emission reductions created by a project.
-DS
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