Artemeter invests in Imperative to Continue Scaling Multi-Jurisdictional Portfolio of High-Quality Carbon Projects

Artemeter, a DRW Company (“Artemeter”), has added US$250 million to Imperative’s existing Project Funding Agreement with Rubicon Carbon (“Rubicon”) and Freepoint Commodities (“Freepoint”), bringing the total value under that Project Funding Agreement to up to US$750 million of funding for Imperative’s high-quality carbon projects.

Imperative is a next-gen carbon project development company whose mission is to design, develop, own and operate the best emerging market carbon projects in the world and to optimize those projects with technology. Imperative is focused on building out a portfolio of best-in-class projects across Africa, Asia and Latin America, bringing a major projects approach to the development of its projects.

Artemeter facilitates the generation of carbon credits through strategic investments, connecting capital to high-quality carbon projects globally. Artemeter’s mission is to empower its clients to achieve their sustainability targets while capitalizing on the financial growth potential of carbon credits.

Carbon markets are pivotal as a markets-based solution to global warming.[1] Notably, 83% of national decarbonization commitments intend to utilize the Article 6 carbon markets for emission reductions.[2]  Trading in Article 6 markets is estimated to have the capacity to reduce the cost of implementing these national commitments by more than half—saving as much as $250 billion by 2030.[3]

The voluntary carbon market (VCM) complements these efforts by mobilizing private sector finance toward emissions reductions and removals. The VCM is an essential tool for achieving climate goals, facilitating global emissions reductions, and mobilizing substantial financial resources toward climate action, particularly in emerging markets.[4]   These two sets of carbon markets – the Article 6 and voluntary carbon markets – are increasingly converging, providing opportunities to accelerate climate action and step up the ambition of decarbonization targets globally.

However, in order for carbon credit markets (and particularly the VCM) to fulfill their role as a markets-based solution to global warming, collective efforts must continue to address the quality issues that have hampered their development to-date.

In working to address this quality issue, Imperative takes an infrastructure-grade approach to its projects, leveraging its own dedicated, permanent in-country teams and a proprietary technology stack, spanning advanced project planning and management technologies, a proprietary array of in-field and remote sensing data collection sources and major projects-grade activity coding to give best-in-class project execution, management and monitoring.

The collaboration between Imperative, Artemeter, Rubicon and Freepoint represents a continuing shared commitment to drive quality within the VCM, moving projects toward infrastructure-grade standards of execution and management and deploying institutional-scale capital to finance the development of the next generation of high-quality, large-scale projects.

“At Artemeter, we believe in the power of markets to solve complex, collective-action problems, like reducing GHG emissions at scale. The carbon markets will play a critical role in the global transition toward abundant, reliable and cleaner energy sources for decades ahead. High quality, high integrity developers will be rewarded for their ambition, operational excellence and stewardship. We are proud to partner with Imperative – a global operator with years of experience managing large scale, multi-billion infrastructure projects. The time is now to invest in nature.” – Olivia Albrecht, Founder and CEO, Artemeter.

“We are excited to welcome Artemeter – a premier carbon investment firm – to our high-quality, mission-aligned group of investors.  In the current market, this investment is another strong endorsement of Imperative’s business model and demonstrable commitment to quality.  This deal will support the continued build-out of our infrastructure-grade native species reforestation and mangrove restoration project portfolio.  Our goal remains to work together with leading specialist capital providers, like Artemeter, to develop best-in-class projects with sector-defining quality and scale.” – Scobie Mackay, CEO of Imperative.

The parties are focused on large-scale nature-based removals projects and other high-impact initiatives in the Global South. Every dollar of capital invested in these projects yields meaningful climate, biodiversity, and community benefits. Imperative’s project pipeline spans Africa, Asia, and Latin America.  The parties firmly believe in the use of the VCM to drive a just climate transition, with projects designed to create transformative benefits for local communities.

About Artemeter

As a carbon investment manager, Artemeter operates at the intersection of climate science, capital markets, and product innovation, leveraging financial markets to solve complex environmental problems. With deep expertise in market-based solutions, we connect corporations, institutional investors, and project developers to innovative carbon strategies that deliver measurable environmental and financial impact. Backed by DRW, a global leader in trading and analytics, Artemeter combines market expertise with bold thinking to craft net-zero strategies, build high-quality carbon portfolios, and provide flexible financing to scale impactful projects worldwide.

About Imperative Global 

Imperative is committed to advancing carbon credit project development, operations, and the production of high-quality carbon credits. With expertise in carbon markets, conservation projects, and project execution, Imperative focuses on emerging markets and scalable project types. By taking a hands-on approach to project development and importing knowledge from other sectors, Imperative aims to address quality issues in voluntary carbon markets at the source. Our mission is to design, develop, own and operate, at scale, the best carbon credit projects in the world and to optimize those projects using technology.

About Rubicon Carbon

With a vision to help the world’s largest enterprises meet their decarbonization goals, Rubicon Carbon works to meet the growing demand for high-quality carbon credits. Backed by TPG Rise Climate and led by top finance and science executives, Rubicon Carbon sources, validates, risk-adjusts and actively manages diversified carbon credit portfolios. We bring transparency and quality controls to carbon offsets so companies can navigate the process with confidence.

About Freepoint Commodities

Founded in 2011, Freepoint is a global commodities merchant providing customers with physical supply and logistics chain management and services, together with eco-friendly products. Freepoint actively pursues strategies to promote the transition to renewable energy, as well as investments in new technologies and businesses which support the energy transition. Freepoint’s voluntary carbon business provides a full suite of market solutions to VCM market participants, ranging from investing in high-quality voluntary carbon projects and platforms to providing structured solutions and risk management services that unlock value for our customers and stakeholders.

Contacts

Artemeter:

media@artemeter.com

Imperative Global:

info@imperativeinc.com

Rubicon Carbon:

nicole@rubiconcarbon.com

Freepoint Commodities:

paige.thornton@rfbinder.com

References

[1] World Bank, “Carbon Markets and the Paris Agreement: An Early Holiday Gift,” December 17, 2024, accessed December 30, 2024, https://blogs.worldbank.org/en/climatechange/carbon-markets-paris-agreement-early-holiday-gift.

[2] United Nations Framework Convention on Climate Change (UNFCCC), “Webinar on Article 6 and Carbon Markets,” April 18, 2024, accessed December 30, 2024, https://unfccc.int/sites/default/files/resource/UN%20DCO%20Webinar%20on%20Art%206%20and%20Carbon%20Markets%2018th%20April%202024%20Final.pdf.

[3] World Bank, “Countries on the Cusp of Carbon Markets,” May 24, 2022, accessed December 30, 2024, https://www.worldbank.org/en/news/feature/2022/05/24/countries-on-the-cusp-of-carbon-markets.

[4] International Chamber of Commerce, “The Role of Voluntary Carbon Markets in Mobilising Finance to Accelerate Climate Action,” November 2024, accessed December 30, 2024, https://iccwbo.org/wp-content/uploads/sites/3/2024/11/2024-ICC-The-role-of-voluntary-carbon-markets-in-mobilising-finance-to-accelerate-climate-action-1.pdf.