Alcom Carbon Markets Completes Pre-Series A Fund Raising
Investment firm Capital Code is lead investor with funding directed towards rolling out of additional biochar projects to help Alcom achieve its 1 million mt
We are holistic project developers, focusing on suite of added benefits to our projects that reach above and beyond carbon removal and avoidance. Our emphasis is on community building, research and development, and education, woven together through the principle of creating a circular economy.
The work we do to help the decarbonize 60 billion tons of C02e per annum by 2050.
ACM stores carbon for short and long periods. They operate a biochar plant in the Philippines and work on agriculture, forestry, and land-use projects in Southeast Asia. They plan to expand their biochar work in the region, using agricultural waste for pyrolysis and gasification.
ACM invested in global carbon avoidance projects including anaerobic digestion, renewable fuel for clean cooking stoves, and sustainable biomass for heat production. They're also creating farm waste-to-energy, municipal solid waste-to-energy, and combined heat and power projects.
ACM is creating a carbon accounting platform that certifies and profits from marine biofuel blending. The platform features credits calculating the extra value of biofuels compared to traditional fossil fuels in shipping. ACM works in partnership with Climate Impact X, international registries, and industry members to ensure success.
Globally we need to decarbonize 60 billion tons of CO2e per annum by 2050 for us to achieve our Paris Aligned Goals. ACM understands that this can obviously not be achieved alone and that this must be a combined effort across all sectors and parties.
As a company helping the world decarbonize, we are keen to partner and collaborate across multiple ventures and are keen to share our findings and research so that we can all move together to reach this goal – we definitely need all hands on deck!
This ethos is reflected across our journey as well, we started off in the biofuels sector (carbon avoidance) and have made inroads and now focus on high-quality carbon removal projects. There is clearly a lot of work to be done and we are open to sharing our findings and finding ways to collaborate with other players in this space to optimize and expedite the journey to Net-Zero.
We are always open to hearing your thoughts and connecting with interested parties in this space – please contact us!
“Our vision is decarbonization through democratization and we are proud of the progress we have made so far”
Sidharth K
Managing Director
Our engagement goes beyond biochar to sustainable and regenerative agriculture as we develop and introduce alternative wetting and drying (AWD or rice methane management) techniques to paddy farmers in the region. We have created a rigorous system to ensure that these sustainable practices do not reduce the yields of farmers.
We engage in philanthropic activity through various organizations in the Philippines, where we continuously give back to community.
Our community building and education efforts also extend digitally, where we have engaged with podcasts and film directors to shine a light on the carbon market and the sustainability space along with biochar’s role in that market. Alcom’s podcast appearance can be found here.
ACM as Alcom’s investment arm has invested in sustainable companies that are engaged in carbon avoidance activities throughout the Global South.
ACM is collaborating with Gold Standard and Climate Impact X to develop and implement the world’s first voluntary scheme encouraging fuel switching – from fossil fuels to sustainable biofuels – in the maritime sector. The shipping industry contributes to roughly 3% of global GHG emissions and is a hard to abate sector, which we believe needs to be properly incentivized to make meaningful reductions in their carbon footprint.
Investment firm Capital Code is lead investor with funding directed towards rolling out of additional biochar projects to help Alcom achieve its 1 million mt
New JV set to remove biochar industry bottleneck to allow scaling up of high-quality carbon removal credits
Quantum Commodity Intelligence – Singapore-based renewable energy and carbon developer Alcom has opened the first biochar production facility in the Philippines and listed the associated
In an interview with The Manila Times, Mendoza, an onion raiser, said she earned an additional P60,000 from the 16 tons of onions to which
Alcom-Philippines will make history as the first-ever biochar product registrant in the country.
A production plant that turns rice husk into a soil enhancer will operate soon in Nueva Ecija province.