API-first environmental data company Connect Earth and leading carbon removal marketplace Patch have teamed up to offer financial institutions and fintechs a solution for addressing emissions, powered by Connect Earth’s carbon intelligence API.
Connect Earth’s data-driven API solution enriches financial transactions with carbon footprint calculations. Now, purchases made through banks and fintechs utilising Connect Earth’s carbon intelligence API can also leverage the Patch platform to seamlessly match every transaction with a carbon removal purchase.
As the public’s attention to the Climate Crisis grows, banks are using Connect Earth’s API solution to display carbon footprint estimates for financial transactions alongside the spend amount.
Through the Patch integration, consumers and companies can also seamlessly connect to trusted carbon removal projects that help neutralize emissions, moving one step closer to a climate positive economy.
Alexander Lempka, CEO at Connect Earth, said:
“At Connect Earth, our focus lies on empowering consumers and companies to reduce the carbon footprint of their spending through behavioural change. However, we do know that some carbon emissions are unavoidable. Our partnership with Patch now enables us to empower the users of our customers to neutralise their carbon footprint with verifiable and long lasting projects”
Brennan Spellacy, CEO & Co-founder at Patch, said:
“The Connect Earth + Patch partnership is a win for the new, climate positive, economy. Combining the carbon intelligence of Connect Earth with Patch’s ability to automate removal purchases offers the financial sector a means to easily understand and quickly take action towards reducing their climate impact. We’re thrilled to be working with Connect Earth to help banks and fintechs reach carbon removal at scale”
Patch is building the infrastructure for a sustainable economy by enabling giga-tonne scale carbon removal. With Patch, companies can embed climate action into their own products, neutralizing the carbon impact of everyday transactions like shipping, travel and financial services. From API-integration to direct purchase capabilities, Patch is the marketplace for businesses and consumers to seamlessly contribute to trusted removals projects at any scale.
About Connect Earth:
Founded in 2021, Connect Earth is a London-based environmental data company that democratises easy access to sustainability data. With its carbon tracking API technology, Connect Earth is on a mission to empower people to make sustainable choices and bridge the gap between intent, knowledge and action. Connect Earth supports financial institutions in offering their customers transparent insight into the climate impact of their daily spending and drives sustainable finance.