Carbon management platform provider Carbon Direct announced today the acquisition of climate-focused AI and satellite data technology company Pachama, with the transaction aimed at enhancing Carbon Direct’s carbon project monitoring, reporting, and verification (MRV) capabilities.
Founded in 2020, New York-based Carbon Direct provides an end-to-end carbon management platform, enabling companies to set targets, measure their emissions, implement reductions across operations and supply chain, and build high-quality carbon dioxide removal into their climate plans.
California-based Pachama was launched in 2018, and provides solutions aimed at enabling companies to invest in nature, including digital MRV products for forest carbon removal, helping to identify finding the best forest-based carbon removal projects and tracking their impact over time, with insight on sequestering carbon, protecting wildlife, and benefits to local communities.
Diego Saez Gil, Co-Founder and CEO of Pachama, said:
“I am incredibly proud of the impact Pachama created, and this new chapter at Carbon Direct honors the core mission, rigorous standards, and determined thought leadership that has driven our work since day one. Carbon Direct is one of the industry’s most respected companies and a leader in the effort to scale evidence-driven climate action.”
Saez Gil will be joining Carbon Direct as Senior Vice President for Strategic Engagement following the transaction.
According to Carbon Direct, the new acquisition will augment its expertise and advisory services with Pachama’s digital platform for forest carbon project MRV, enabling it to enhance transparency for buyers and project developers, expand access and scale of nature-based carbon solutions to meet growing demand, and accelerate innovation.
Jonathan Goldberg, Founder and CEO of Carbon Direct, said:
“By acquiring Pachama’s technological innovation and integrating it into Carbon Direct’s deep technical offerings, we are building the infrastructure needed to drive real climate impact and enhance what we can offer our clients.”
