Fondaction CSN partners in launch of $20 mln carbon contract fund
Québec private equity and venture captial firm Fondaction CSN and Coop Carbon have unveiled Fonds Carbone, a carbon contract fund. The $20 million fund will finance 15 to 25 projects to reduce greenhouse gases (GHGs) in exchange for generated offset credits. Coop Carbone was launched in 2014 to leverage carbon market opportunities to reduce GHGs in Québec. The organization's founding members are Fondaction CSN, Desjardins Group, La Coop fédérée, the Association québécoise pour la maîtrise de l’énergie, and the Centre of Excellence in Energy Efficiency.
18 November 2016•3 mins read
