Update for customers using our API and Marketplace to purchase carbon
Why has the cost of carbon increased?
This has been due to a significant increase in demand to buy and retire carbon in recent months, which has pushed up the price of carbon across the market. Here at Ecologi, we always purchase carbon which is verified to a leading carbon standard, and from projects which we believe will have a lasting positive impact on people and planet. The cost of purchasing carbon reductions from these high-quality projects has more than doubled in the past year, and so in order to continue to support these projects, we need to ensure we are charging the appropriate amount on our platform. The margin Ecologi makes on these purchases (20%) is not changing.
Will the carbon I’ve purchased so far this month be charged at the new price?
Will the cost of trees be increasing?