Terms
- Not ranked
- Offtake, therefore not eligible for carbon financing league table
- Announced
- 15 Apr 2019
- Instrument
- Offtake
- Amount
- Undisclosed
- Source
- redd-monitor.org
Parties
- Project developer
- Permian Global - Katingan Mentaya Project
- Country
- Indonesia
- Buyers
Carbon
- Pathway
- REDD+ / avoided deforestation
- Project type as recorded
- REDD+ avoided deforestation, tropical peatland (Verra VCS 1477)
What happened
- Credit purchase by Shell from the Katingan Mentaya REDD+ project (Central Kalimantan, Indonesia; Verra VCS 1477), reported as part of Shell's April 2019 announcement of US$300 million on natural climate solutions to offset emissions from Shell fuel customers in the Netherlands. Volume, price and payment timing are not published. Recorded, not ranked: payment timing is not stated, and silence on timing means the deal does not rank.
Kumo note
- Katingan was one of the projects behind Shell's US$300 million natural climate solutions programme, one of the largest REDD+ projects in the voluntary market.
Know more about this transaction?
Not yet known: deal size.
Tell us what is missing or wrong, and where you read it.
Next step
Capital Connections
Meet the other side of deals like these.
Kumo introduces assessed projects to capital providers whose mandate fits, whichever side you are on.
Get started
Free to explore. No card required.
Terminal
Compare the transactions behind these figures.
Pricing, structures and comparables across Kumo's carbon finance dataset.
Explore the Terminal