Published by Todd Bush on September 15, 2023
DALLAS, Sept. 14, 2023 /PRNewswire/ -- Climate Risk Partners("CRP"), a climate risk strategy start-up, today announced its integration into Climate Commodities ("CC"), a climate economy-focused platform with operating companies in physical trading, mineral processing and refining, transportation and logistics, renewable power, and financial services. CRP will rebrand as Climate Commodities Risk Solutions ("CCRS") in conjunction with the launch of a proprietary offtake, feedstock, and counterparty credit enhancement product line.
"CCRS' proprietary counterparty credit enhancement product development pipeline is exceptionally well-positioned to scale within the Climate Commodities Platform, allowing it to offer its customers holistic credit enhancement solutions to de-risk their revenue contracts to attract traditional and non-dilutive capital at an earlier stage", said Nicholaus Rohleder, Co-Founder of Climate Commodities.
CCRS has developed significant proprietary capabilities that will be deployed through the Climate Commodities Platform to offer turnkey feedstock, offtake, and general counterparty credit enhancement solutions across all major sub-sectors of the climate economy including critical minerals and materials, solar, energy storage, waste upcycling, hydrogen, carbon capture, alternative fuels, sustainable agriculture, and the circular economy.
Cody Edgeworth, a seasoned specialty risk insurance executive who has transacted in excess of $1 billion in the Lloyd's of London specialist insurance market, will lead the rollout of CCRS product line as Chief Executive Officer and will be based in Houston, TX.
Cody will be supported by CCRS Chairman, Aaron Ratner, Co-Founder of Climate Risk Partners, a veteran climate technology investor who has invested in and developed climate infrastructure projects, and who is also a Climate Commodities Platform shareholder and board member.
"The capital intensity of the global energy transition will require trillions of dollars of credit, and that will require more innovative insurance solutions. This deal, and the opportunity to operate on the Climate Commodities platform, will be catalytic for CCRS' growth", said Aaron.
SOURCE Climate Commodities Risk Solutions
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌎 Are U.S. Setbacks Fueling a Global Push for Decarbonization? 🛢️ “Grand Bargain” Would Result In More Oils ands Emissions, Not Less 🤝 MOU Signed With JGC Group 🧪 IonQ Quantum Co...
Inside This Issue 🌍 Energy Security Now Drives Decarbonization Faster Than Climate Policy 🐄 Utility Global and Maas Energy Works Announce Agreement to Develop Dairy Digester-to-Hydrogen Mobility P...
Inside This Issue ⚡ DOE Floats New Cuts To Hundreds Of Clean Energy Grants ⛏️ HyTerra Limited Announces Positive Results From McCoy 1 Well 🍁 As Policy Changed, CarbonCapture Moved Its Pilot Projec...
New advancement lays groundwork for quantum-enhanced modeling in carbon capture and molecular dynamics COLLEGE PARK, Md.—Business Wire — IonQ (NYSE: IONQ), a leading quantum company, today announc...
SLB Capturi has signed a Memorandum of Understanding (MOU) with JGC Holdings Corporation, Japan’s largest EPC company, to initiate discussions on strategic collaboration in post-combustion CO₂ capt...
Drax, the renewable energy business, is partnering with NGIS, a global leader in Geospatial technology, to model and monitor the carbon stocks of the US and Canadian forests that Drax sources its s...
Brings world class validation, technical scientific research and development expertise to establish Canada’s first deep subsurface Natural Hydrogen program. Strategic technical collaboration with ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.