Ripple pledges $100 million to help save earth from climate change
San Francisco-based FinTech firm Ripple has announced a $100 million commitment to “scale and strengthen” global carbon markets.
This funding will “accelerate carbon removal activity and help modernize carbon markets through investments in innovative carbon removal companies and climate-focused fintechs.” Also, Ripple will “build a portfolio of additive, long-term, nature and science-based carbon credits, some of which will be used to meet its own commitment to achieve net zero by 2030 or sooner.”