International Carbon Registry (ICR) logo — Providing electronic registration of climate projects and is...

International Carbon Registry (ICR)

Providing electronic registration of climate projects and issuances of high integrity carbon credits.

Founded 2020 Iceland Iceland 12 employees Angel Total: $150.00K B2B, ESG +3

General Information

Company Name International Carbon Registry (ICR)
Founded Year 2020
Location Iceland Iceland +1
Employees 12
Industries B2B, ESG, Fintech +2
Funding Stage Angel
Social

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About International Carbon Registry (ICR)

The International Carbon Registry (ICR) is a startup based in Iceland that offers electronic registration of climate projects and issuances of high-quality carbon credits. The company aims to address the pressing need for immediate climate action and the mobilization of financing for the transition to a low-carbon economy. With the goal of limiting global warming to 1.5 degrees Celsius as outlined in the Paris Agreement, achieving net-zero emissions by 2050 is crucial. ICR recognizes that current investments in emerging low-carbon technologies do not align with market risk and return expectations. Thus, they emphasize the significance of an effective and adaptable carbon market to facilitate capital flows into these technologies through carbon offsetting mechanisms. This approach draws from initiatives such as the Clean Development Mechanism. Carbon credits play a vital role in enabling organizations to compensate for emissions and support emerging climate technologies. ICR highlights the significance of carbon credits in financing the avoidance or reduction of emissions, as well as the removal of greenhouse gases from the atmosphere to contribute to the global net-zero transition. Additionally, these credits can help reduce costs and introduce new climate technologies to the market earlier, further supporting the transition to a low-carbon economy. The last recorded investment for ICR was a $150.00K Angel Round in December 2020, with MGMT Ventures as the investor. The company operates within the B2B, Fintech, Renewable Energy, and Sustainability sectors. Overall, ICR seeks to play a critical role in the global effort to mitigate climate change and achieve sustainable economic development across rapidly industrializing countries.

Taxonomy: climate projects, carbon credits, low-carbon economy, Paris Agreement, voluntary carbon market, emerging low-carbon technologies, carbon offsetting mechanisms, Clean Development Mechanism, net-zero emissions, greenhouse gas reduction, emerging climate technologies, capital flows, carbon-intensive alternatives, economic development, industrialization

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Angel Round •••••• 1
Investor
01 Dec 2020

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FAQ About International Carbon Registry (ICR)

Providing electronic registration of climate projects and issuances of high integrity carbon credits.
International Carbon Registry (ICR) was founded in 2020.
International Carbon Registry (ICR) is headquartered in Iceland.
International Carbon Registry (ICR) operates in the following industries: B2B, ESG, Fintech, Renewable Energy, Sustainability.
International Carbon Registry (ICR) has approximately 12 employees.
International Carbon Registry (ICR) has completed 1 funding round, raising a total of $150.00K. The latest funding stage is Angel.
Top alternatives and competitors to International Carbon Registry (ICR) include Low Emission Technology Australia, Removall Carbon, Hometree, Caldera, World Resources Institute Europe. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
International Carbon Registry (ICR) and Low Emission Technology Australia are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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