French climate fintech startup H64 launches The Zero Fund: Know more

France-based H64, a climate fintech startup, announced on Friday, July 14, that it has officially launched its carbon contribution SaaS solution, The Zero Fund (TZF).

Founded by Jamil Benabdallah, Mario Heim and Jérôme Teisseire, H64 claims to have created a solution that has a genuine, local impact – from offsetting the carbon footprint of one’s purchases to funding low-carbon transition initiatives in one’s vacation destinations.

Making carbon compensation clear and simple

The Zero Fund is an all-in-one carbon compensation management platform that brings high-quality carbon credits and all the tools required for a net zero strategy.

TZF Connect, an advanced SaaS connection solution for carbon contribution, provides distribution tools that make it possible to include climate action in every aspect of a user’s digital experience.

The firm offers access and complete traceability to high-quality carbon credits on a secure blockchain network, directly connecting players in carbon offsets.

Harmonising with the Fit for 55 and Net Zero 2050 ambitions, TZF addresses the need to integrate European and national climate regulations with their concrete implementation at the territorial level.

Starting July 15, 2023, following more than a year of software development and testing with partners in the Nouvelle-Aquitaine area, H64 will allow public and business stakeholders the possibility to join or form local climate action networks.

The recent collaboration with the Pyrénées-Atlantiques Departmental Tourism Agency (ADT 64), which led to the establishment of their own territorial carbon contribution marketplace and promotion campaign at Legeste64.com, is an example of H64’s action. 

Through this project, ADT 64 enables any organisation or company to reduce their carbon footprint by assisting high-impact local initiatives.

In January 2023, TZF secured €500K in a seed round led by Hellen’s Rock Capital. The funds were to be utilised to scale up the commercial operations for making net-zero journeys accessible to any-size organisation.

Hot this week

German home energy management firm tado° welcomes new CEO, Philip Beckmann

Beckmann takes over from Toon Bouten, who was instrumental in establishing tado° as the European market leader in intelligent indoor climate management.

Wood tech firm Modvion is building the world’s tallest wooden wind turbine tower in Sweden

This tower will be the company’s first commercial installation and is being commissioned by the energy company Varberg Energi, located in the municipality of Skara, Sweden.

Finland’s Elisa signs €170M credit facility to provide sustainable solution through digitalisation; Know more

Elisa's five-year facility contains a two-year extension option and is designed for general business uses.

US-based BeeHero launches Pollination Insight Platform to enhance crop pollination through in-field sensing

BeeHero's new solution gathers data on pollinator behavior and environmental conditions to provide AI-driven insights for growers.

Honeywell and Amsterdam’s Arcadis unite to help building owners reduce energy use and carbon emissions

With this collaboration, the companies will offer tools and services to assist commercial buildings in optimising energy consumption and carbon emissions.

Belgium-based Tree Energy Solutions raises €140M for green hydrogen-derived electric natural gas production

The funds raised will be allocated towards the advancement of TES' worldwide assortment of large-scale e-NG production projects, as well as its import terminal initiative in Wilhelmshaven, Germany.

Sweden-based Candela secures €25M to scale world’s first electric hydrofoil ferry, P-12

The funding will support scaling up Candela P-12, the world’s first fast and long-range electric hydrofoil ferry.

Amsterdam’s Finch Buildings secures funding to tackle climate crisis and housing shortage in Netherlands

This funding aims to expedite the growth of Finch Buildings' construction platform, with a dual focus on addressing the climate crisis and the housing shortage in Amsterdam and the Netherlands.

Climeworks and LEGO Group announce partnership to permanently remove CO2 from the air: Know more

The long-term agreements with the LEGO Group and KIRKBI play a vital role in facilitating Climeworks’ journey to scale up CO2 removal, aiming at megaton and, eventually, gigaton levels by 2050.

Circular secures €9.7M to scale its platform for sourcing recycled materials

Circular, launched in 2022, is a sustainable sourcing platform that simplifies the trade of post-consumer recycled materials through a vast curated database.

Lithuanian fintech firm HeavyFinance to raise €50M for green farming in European SMEs

This funding will be specifically tailored to assist in the decarbonisation efforts within the agricultural sectors of Bulgaria, Latvia, Lithuania, Poland, and Portugal.

BASF and Inditex aim to transform textile recycling with loopamid; Here’s how

Zara reports that it has turned the material into a jacket crafted entirely from loopamid, showcasing the potential of this innovation. 

US-based MethaneSAT launches aboard SpaceX Falcon 9 to measure methane emissions

The satellite aims to safeguard the Earth's climate by accelerating the reduction of methane, a potent greenhouse pollutant. Its primary focus is on monitoring and addressing methane emissions from oil and gas operations.
spot_img

Related Articles

Popular Categories

spot_imgspot_img