
Press Release
|
19 Jan 2025
Adrem assists CarbonEthics in Securing USD 2.1 Million to Advance High-Quality Blue Carbon Projects and Broader Environmental Initiatives
We are pleased to have supported CarbonEthics in raising USD 2.1 million in Seed funding led by Intudo Ventures along with other investors.
This funding empowers CarbonEthics to expand its suite of high-quality, nature-based carbon projects across Indonesia, leveraging technology and local expertise to address critical environmental challenges.
Founded in 2019, CarbonEthics is dedicated to achieving measurable impact through ecosystem restoration, carbon reduction, and community support.
With this investment, the company will broaden its work with stakeholders in the private sector, government, and NGOs to co-develop projects that drive decarbonization, enhance biodiversity, and uplift local communities. By 2030, CarbonEthics aims to protect 8 million hectares of land, sequester over 160 million tonnes of CO2e, and create sustainable economic opportunities for thousands of beneficiaries.


