NEW YORK – Viridios AI (“VAI”) has entered into agreements with a number of leading Voluntary Carbon Market (VCM) inter-dealer brokers (IDBs) to allow its VAI platform subscribers to request quotes for carbon credits.
Previously, VAI subscribers could see extensive VCM pricing data on carbon credits but were unable to use that information to connect with inter-dealer brokers (IDBs) through the platform. Now they’ll be able to request quotes from a range of (IDBs), including: Marex Spectron International Limited, Eagle Commodities Brokers, Helix Securities and SSY Futures Ltd and proceed to trade.
“By linking our subscribers directly to commodity brokers we’re helping to facilitate voluntary carbon market (VCM) activity and make it easier for market participants to trade carbon credits,” says Viridios AI CEO Marcelo Labre.
Last year it was estimated the total market value for voluntary carbon markets transactions was almost US$2 billion, up from just US$520 million in 2020.
“As the demand continues to grow for carbon credits, we believe we have a vital role to play in aggregating data from across the VCM and making it readily available and actionable,” Labre says.
“With detailed information on more than 6,800 carbon projects, as well as historical pricing data and valuations for some most sought after carbon credits, our platform is fast becoming the go-to source for carbon market data.”
“Helping subscribers access quotes for carbon credits is another important step in allowing capital to flow more freely in the VCM and delivering on our mission to improve value discovery and transparency,” says Labre.
For further information on Viridios AI or to start a 14-day free trial of the VAI service and access the new quote request feature, visit: viridios.ai.
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Viridios AI CEO Marcelo Labre is available for interviews.
Media contacts:
Tom Godfrey | +61 (0)477 486 095 | tom@viridios.ai
Viridios AI (www.viridios.ai), a Viridios Group company, is committed to improving the value discovery around carbon projects to allow capital to flow more freely into the complex carbon markets as the world seeks to meet its climate and net-zero targets. Its mission is to bring robust valuation methodology and instruments found in all other commodity markets, to this critical asset class and to help clients future-proof their carbon offset strategies. The VAI platform provides access to Viridios AI’s market-leading modules, Valuation Risk Engine (VRE) and MARKS, providing subscribers with a full suite of carbon market intelligence on a single dashboard.