Source: esgnews

Patch has introduced a groundbreaking digital platform designed to transform how companies source, purchase, and manage carbon credits, targeting a $45 billion opportunity in the voluntary carbon market. Their recent report reveals that if just 1% of Forbes 2000 companies’ annual profits were invested in carbon credits, it would inject $45 billion into the market—32 times its current size.

The platform addresses three fundamental market barriers: fragmentation, lack of trust, and process inefficiencies. “Even experienced sustainability teams face challenges scaling their efforts,” said Patch CEO Brennan Spellacy. “The new platform offers a trusted, all-in-one tool to drive meaningful impact.”

With only 15% of major carbon credit buyers having dedicated market expertise, organizations risk reputational damage from funding low-quality projects and face costly, error-prone processes. Patch’s solution provides centralized access to hundreds of millions of rigorously evaluated carbon credits, offering a more transparent procurement experience.

The platform integrates robust software, real-time market data, and expert human insight at every decision point—from sourcing and due diligence to portfolio management. Early adopters like Maple Leaf Foods and IFS report navigating the complex market with “confidence and rigor.”

Already facilitating over $80 million in climate finance for various partners, Patch aims to help scale credible climate financing in response to urgent global goals, with less than 1% of necessary permanent carbon removals currently being achieved worldwide.