Jarden is exporting its renewables trading platform to Australia, in a bet that demand for carbon credits will grow as companies seek to deliver on their net-zero ambitions.
The investment bank has launched commtrade, a platform that facilitates the buying and selling of renewable energy certificates and carbon credits for its corporate clients, which rely on these permits to offset their own emissions.
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Aaron Weinman is a correspondent at The Australian Financial Review who covers investment banks, private equity firms and the broader capital markets. Connect with Aaron on Twitter. Email Aaron at aaron.weinman@afr.com
