蘑菇直播

Results-based climate finance platform

Greening of finance through continuous and automated asset level tracking for Paris 1.5掳C alignment.
Climate Change Mitigation Advancing Net Zero Solutions

Problem Addressed

In the听anthropocene epoch, climate change is being accelerated by human related activities from burning of fossil fuel, intensive agriculture, urbanisation, deforestation and pollution resulting in extraordinary changes on Earth.

Businesses want to reduce their carbon footprint. But they lack reliable data to make the case for transformation based on return on investment. What cannot be measured, cannot be tracked and therefore cannot be changed with confidence.听

Action听on decarbonisation will require:听

  • Financial and energy data to be accessible听
  • Data reflective of reality听
  • Live, granular data听
  • In听depth understanding of combined financial and energy models听听
  • Connection听of the听energy data space and how that impacts customers鈥� cash flows and asset values听

Solution Overview

To support reduction in greenhouse gas emissions,听CarbonLaces听is building a pioneering results-based Climate Finance platform.听CarbonLaces听map whole life emissions and recommend decarbonisation financing through technology change and a carbon exchange. Currently, the UNFCCC mandates emissions reductions at 6-7% YOY to hit Net Zero. In early trials, CarbonLaces听achieved 34% reductions听in emissions听using听AI, automation and smart data听and demonstrated听consistent data for听decisions-making听and听optimising听decarbonisation听scenarios听for individuals,听local authorities,听asset owners and cities, across the value chain.听It听delivers听total emissions and abatements using cost benefits of technology听and risks associated听for achieving Net Zero听at scale. Financiers, Local authority and Government benefit from open consistent data to see gaps,听costs and actions required to achieve Net Zero targets and be Paris aligned for the built environment听as well as fulfil听reporting听obligation under TCFD, PCAF.听Currently,听Carbon Laces has its听first product with early adopters and听is听looking to scale with beta customers.

Company name

CarbonLaces

UK availability

Yes

Solution launch date

2020

Links

Cost Benefit

This is a Software as a Service (SaaS) open-source platform with pricing based on nominal monthly fixed fee and additional usage fee based on volume for access to data, models and analytics. Potential customers benefit from automated asset level profile of moving from a brown discount to a green premium based on efficiency potential, abatements required and the financial impact to their portfolio. They further benefit from moving away from excel and see data at scale which helps inform their data driven decisions from granular bottom up analysis. CarbonLaces have various packages from a single unit to a portfolio.

Case Study

Early proof of concept has been demonstrated听via听decarbonising using solar,听battery and multiple next best actions to get a 34% reduction in emissions. This was based on data,听models听and weatherization. Currently CarbonLaces are working with a large bank, technology company and partners in the built environment. As a SaaS based solution, they reduce the friction of 3-4 FTEs equivalent.

This page presents data, evidence, and solutions that are provided by our partners and members and should therefore not be attributed to UKGBC. While we showcase these solutions for inspiration, to build consensus, and create momentum for climate action, UKGBC does not offer commercial endorsement of individual solutions. If you would like to quote something from this page, or more information, please contact our Communications team at media@ukgbc.org.

Related