Kumo

Kumo is at the forefront of climate fintech, providing software infrastructure that enables debt financing for the carbon removal industry. By integrating legal frameworks with advanced technology, Kumo facilitates the flow of institutional capital into climate action, transforming carbon credits into financial assets to secure loans. This approach allows project developers to finance carbon removal initiatives through debt, leveraging off-take agreements and carbon credits as collateral. In Q4 2023, Kumo collaborated with ABN AMRO to facilitate the first-ever carbon-backed loan, demonstrating the viability of carbon-secured lending. Their services aim to scale carbon removal projects by making carbon finance a lucrative and risk-managed business.