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CALGARY - Karbon-X (OTCQX:KARX), an end-to-end climate solutions company, announced Monday it has acquired ALLCOT, a global sustainability advisory firm specializing in carbon markets and climate policy.
The acquisition combines Karbon-X’s capabilities in emissions tracking and climate strategy with ALLCOT’s expertise in policy guidance and project development across voluntary and compliance carbon markets.
ALLCOT, founded in 2009, operates throughout Europe, Latin America, and Africa, providing sustainability consulting and carbon project development services. The firm has worked with governments, multilateral institutions, and corporate clients for over 15 years.
"This is about unlocking scale with integrity," said Chad Clovis, CEO of Karbon-X, in a press release statement. ALLCOT’s CEO Alexis Leroy added that the partnership would allow the company to expand its impact.
Karbon-X manages the complete carbon credit lifecycle, including project origination, emissions quantification, validation, issuance, and market distribution. The company stated that ALLCOT’s operations will continue under Karbon-X’s umbrella.
The financial terms of the acquisition were not disclosed in the announcement.
The combined entity aims to provide comprehensive climate solutions across multiple regions and sectors, supporting both compliance and voluntary carbon markets with services including emissions data analysis, regulatory alignment, and credit commercialization.
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