Carbonaires Patagonia Press Release

Carbonaires Patagonia Press ReleaseCarbonaires Patagonia Press Release

Chilean Partnership Announcement

Carbonaires Patagonia Press Release

Today at COP28 in Dubai, Carbonaires announced a groundbreaking agreement in Chile with a consortium of partners, including the Kusanovic family, landowners, and their local advisors NatCap DMB/Fotosintesis. This deal will introduce carbon removal expertise and carbon market capabilities to the Patagonia region, specifically in the surrounding areas of Torres del Paine National Park.

This marks an incredibly exciting milestone and our inaugural venture in LATAM. It not only showcases our global reach but also highlights our commitment to advancing the extensive environmental objectives of our esteemed partners, the Kusanovic family, and our advisors.

— Rasih Ozturkmen, Managing Partner of Carbonaires

We have always considered ourselves stewards of this land that we proudly call home. This agreement will facilitate the transfer of carbon market experience and expertise to the region. We hope that this will be a bridge to the world of carbon finance and removal, ensuring a sustainable future for this extraordinary place. Our aim is to preserve its biodiversity and acknowledge its unique ecological importance in the region and the world.

— Mauricio Kusanovic, representative of the Kusanovic family

Media enquiries

Leighton Barnish, Powerscourt

email: Leighton.barnish@powerscourt‑group.com

Tel: +44 7484 800209

About Carbonaires

Carbonaires was founded in 2021 by a group of entrepreneurial investors and ESG ambassadors to finance high‑quality, high‑integrity carbon reduction projects. Through its proven streaming model, the company provides funding to enterprises that demonstrably reduce atmospheric carbon, in turn helping businesses to strengthen their financial viability. The carbon credits generated through projects are made available for purchase to corporations who have committed to a transparent and verifiable carbon reduction plan.

8 December 2023

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