Doconomy Patch and Doconomy announce partnership

Carbon removal frontrunner Patch team up with Doconomy.

Based in San Francisco, USA, Patch is an API-first platform that enables companies to programmatically purchase carbon removal and offsets. Stockholm-based impact tech pioneer Doconomy will work together with Patch to provide banks and financial services providers with tools to measure and manage carbon emissions impact through carbon removal technology projects.

The Patch partnership will allow us to broaden our offset offering and enable our customers to support carbon removal in new tech- and nature-based solutions.

With this partnership, Doconomy will complement their offsetting solution by providing their clients on 20 global markets with the ability to offer carbon removal projects via the embedded Patch API. Building awareness, creating easy to use-solutions and offering a variety of negative emissions alternatives will drive everyday climate action further.

“Many financial services providers are eager to lead consumers in climate action, but you can’t neutralize what you haven’t measured.” said Patch Co-founder & CEO Brennan Spellacy. “Through this partnership with Doconomy, users will be empowered to both understand the impact of their purchases and spending and turn those insights into climate action by seamlessly purchasing carbon removal or offsets.”

As the offset market continues to expand it is of utmost importance that the increased demand is steered towards projects of high quality with real, verifiable, impact that lasts over time.

The urgent need, as well as engagement to act on the climate crisis, are growing. As the need grows more and more ambitious and creative innovations are presented – supporting corporations and individuals to be part of the solution. In every area of society and business ambitious forerunners are showing the world that there is no one silver bullet solution to cling on to – there are, and need to be, many. Great collaborations are at the core of most of them.

“As the offset market continues to expand it is of utmost importance that the increased demand is steered towards projects of high quality with real, verifiable, impact that lasts over time.” said Doconomy CEO Mathias Wikström.

“The Patch partnership will allow us to broaden our offset offering and enable our customers to support carbon removal in new tech- and nature-based solutions that are rooted in the most recent research.”

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