Climate Action through everyday transactions: Stabiliti joins Climate Collective
We are excited to welcome Stabiliti to the Climate Collective!
Steve Cochrane, CISSP CCSP and Will Foulkes founded Stabiliti in 2020 to scale carbon removal solutions using their expertise in blockchain and cybersecurity. Stabiliti tracks the carbon emissions of payment providers and retailers and embeds fractionalized carbon credits into their operations — a process known as “insetting.” They also add a round-up feature into payment checkouts that makes it easy for everyone to fund climate projects everyday. This allows vendors and their customers to fund climate action through their everyday purchases.
“Stabiliti is making it really easy for everyone to make small and regular contributions to climate, enabling individuals around the world to take actions that are both accessible and impactful. By highlighting the local impact of each contribution, we’re fostering a profound environmental connection and emphasising the vital role of community action.” — Will Foulkes, Co-Founder and CEO of Stabiliti.
Here’s how Stabilit stands out:
🔎Trust & Transparency: Their product CarbonTrack immutably stores carbon project data, creating a verifiable and accountable record for individuals and corporations. This is particularly valuable to corporations in light of increasing corporate reporting requirements, particularly in Europe.
🤝Global Reach for Local Impact: Stabiliti has forged innovative partnerships with global payment institutions, like Worldline. Through a seamless per-transaction fee system, they offset emissions and direct funds towards local sustainability initiatives, turning every credit card swipe into a positive impact for the planet.
💡Fractionalizing Offsets: They empower businesses and individuals to participate, regardless of transaction size, by offering micro-offsets and sending the spare change to climate projects. While we often focus on big picture solutions, a large number of small and meaningful climate actions have the potential to make a significant impact on our planet’s future.
Welcome, Stabiliti! We’re excited to learn from you on how to leverage innovative finance solutions to empower millions of people around the world to take meaningful climate action.
Take a look at their latest partnership with global payments provider Worldline
