Startups
Equitable Earth Raises €12.6 Million to Lead the Way in Nature-Based Carbon Projects
Equitable Earth, previously known as ERS, a Paris-based company specializing in certification for nature-based carbon projects, has successfully concluded a Series A funding round, securing €12.6 million. The primary goal of this funding is to expedite the expansion of its certification program.
The funding round was spearheaded by a US-based family office and received additional support from existing investors such as AENU, noa, and Localglobe. This brings the total funding raised by Equitable Earth to over €25 million.
Thibault Sorret, the CEO of Equitable Earth, expressed, “Equitable Earth remains committed to empowering organizations to safeguard and restore the natural world through the certification of projects in a trustworthy and scalable manner. This new infusion of funds enables us to continue our growth trajectory and solidify our position as the global standard for nature-based projects.”
Established in 2020, Equitable Earth boasts a program that has received formal recognition for meeting the Core Carbon Principles (CCPs) set by the Integrity Council for the Voluntary Carbon Market (ICVCM). These principles represent the highest standard of quality in the market.
The company’s model is designed to expedite the flow of climate finance to endangered ecosystems in a more efficient and reliable manner. Their digital certification platform simplifies the project journey and facilitates developers’ progress. Equitable Earth manages carbon accounting and risk modeling internally through centralized and standardized accounting practices. Additionally, they utilize tools for transparent and cost-effective monitoring and reporting.
Projects on the Equitable Earth platform must demonstrate tangible benefits for the climate, nature, and local communities through a structured and interconnected approach. Community engagement is a key aspect of their model, which involves setting measurable criteria for participation, protection, and equitable sharing of benefits with Indigenous Peoples and local communities.
Arjun Jairaj, an investor at noa, Europe’s largest built world VC, emphasized, “The carbon markets require scalable, reliable projects that deliver genuine climate, ecological, and social outcomes. This funding will enable Equitable Earth to meet that demand, cementing its position as a leader in high-integrity, nature-based certification.”
The fresh capital injection will be utilized to enhance Equitable Earth’s technology and tools, including data systems, modeling, and user-centric tools to expedite the certification process through an integrated platform.
Furthermore, the company intends to expand its research and development, engineering, commercial, and certification teams. They also plan to certify millions of additional hectares, thereby increasing the global supply of nature-based credits, and develop new methodologies to cover more threatened ecosystems.
In July last year, Ecosystem Restoration Standard (ERS) underwent a rebranding to become Equitable Earth, establishing a unified global standard for forest conservation and restoration within the carbon markets.
This rebranding followed ERS’s acquisition of Equitable Earth, a forest carbon standard developed by a global coalition comprising over 125 experts from 60 organizations, including Indigenous leaders, scientists, policymakers, and representatives from civil society. Equitable Earth aims to combat deforestation and support the protection of the world’s forests by ensuring fair and meaningful investment in the people and communities responsible for their stewardship.
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