- New platform targets $45B opportunity in voluntary carbon market by solving key operational hurdles.
- Only 15% of major companies have dedicated carbon market teams, exposing a critical need for scalable solutions.
- Patch’s platform leverages integrated software, expert insight, and centralized data to unlock billions in climate finance.
Patch has launched a new digital platform to transform how companies source, purchase, and manage carbon credits, aiming to unlock billions in much-needed climate finance.
Designed for Chief Sustainability Officers and climate leads, the platform addresses three core market barriers: fragmentation, lack of trust, and process inefficiencies. “Even experienced sustainability teams face challenges scaling their efforts,” said Patch CEO Brennan Spellacy. “The new platform offers a trusted, all-in-one tool to drive meaningful impact.”
Patch’s platform provides centralized access to hundreds of millions of carbon credits, rigorously evaluated by climate experts, offering organizations a more transparent and efficient procurement experience. Early adopters like Maple Leaf Foods and IFS report that Patch’s tools and expertise have helped them navigate the complex voluntary carbon market with “confidence and rigor.”
This launch follows Patch’s recent report, “How to Unlock Billions in Carbon Market Demand,” which revealed that if just 1% of Forbes 2000 companies’ annual profits were invested in carbon credits, it would inject $45 billion into the market — 32 times the current size of the voluntary carbon market (VCM) in 2024. However, operational hurdles, logistical bottlenecks, and a fragmented market have kept significant capital sidelined.
RELATED ARTICLE: Patch Releases a Carbon Credit Playbook for Chief Sustainability Officers
Patch’s research highlights that only 15% of major carbon credit buyers have dedicated carbon market expertise. Without streamlined systems, companies risk reputational damage from funding low-quality projects and face costly, error-prone processes. “Funding the wrong projects can damage your sustainability program and your company’s reputation,” the company emphasized.
Patch’s end-to-end platform integrates robust software, real-time market data, and expert human insight at every decision point—from sourcing and due diligence to purchasing and portfolio management. “Software needs data — and in carbon markets, that data is fragmented, non-standardized, and incredibly difficult to turn into action. That’s why human expertise is foundational to translating data into actionable strategy,” Patch stated.
Already facilitating over $80 million in climate finance for partners like Planboo, Tradewater, and CarbonCure, Patch now aims to help scale credible climate finance in response to urgent global goals. With less than 1% of necessary permanent carbon removals currently being met, the company’s new platform is a timely intervention to meet 2030 climate targets.
Patch also announced the formation of a new Advisory Board of global climate experts to guide the platform’s continued evolution with integrity and ambition.
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