Frequently asked questions

Company Overview

Learn more about Rubicon Carbon in our press releases and white papers.

What is Rubicon Carbon?

The world needs an efficient and effective voluntary carbon market to meet the planet’s climate imperative.

At Rubicon Carbon, we use a science-backed, market-based approach to accelerate the flow of capital into climate-positive projects with scale, confidence, and innovation. We are committed to using our reach and resources to support impactful, principled solutions across project development, financing, monitoring, reporting, verification, and more.

Rubicon Carbon is funded by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform. Rubicon benefits from TPG Rise Climate’s extensive portfolio, strategic relationships, global network, and broad expertise. Leading Rubicon are veteran executives Tom Montag (Rubicon CEO, former COO and Head of Global Banking & Markets at Bank of America), Anne Finucane (Rubicon Chair of the Board, former Vice Chair at Bank of America), and Dr. Jennifer Jenkins (Rubicon Chief Sustainability Officer, co-recipient of the 2007 Nobel Prize, along with other IPCC scientists). Our reach and resources have allowed us to mobilize a broad ecosystem of product partners (e.g., satellite imaging, insurance) and blue-chip corporate launch customers.

Rubicon Carbon accelerates the global transition to a low-carbon future by bringing trusted, enterprise-grade solutions to carbon markets:

  • Scale: We have built an ecosystem of customers, investors, project developers, and technology partners that bring new capabilities and leadership to carbon markets. With an initial capital commitment of $300M, Rubicon provides at-scale liquidity and capital for high-integrity carbon reduction and removal projects.
  • Confidence: We have created standardized products, and innovative risk management approaches to simplify a complex market. Science-based quality guardrails, project-level engagement, and continuous monitoring underpin our proprietary approach to curating portfolios of carbon credits. A management team leads Rubicon Carbon with cross-industry expertise and track records of scaling new markets.
  • Innovation: Beginning with “Rubicon Carbon Tonnes” and “Rubicon Carbon Capital, “we are committed to continuously developing an innovative suite of products and solutions that move carbon markets forward. Our resources, scale, and portfolio approach allow us to support the development of next-generation carbon projects, such as tech-based carbon removal.

 

Rubicon Carbon offers solutions for both carbon credit purchasers and project developers.

  • Rubicon Carbon Tonnes (RCTs): RCTs are actively managed portfolios of carbon credits curated and continuously monitored through a science-based approach. The pre-selection and pooling of carbon credits streamline the procurement process and mitigate risks from over-indexing on individual projects. RCTs are backed by credits that meet our exhaustive quality specifications and can be managed on our digital platform throughout their lifecycle.
  • Rubicon Carbon Capital: Our financial arm holds a substantial balance sheet and is committed to accelerating high-quality carbon projects through financing for project developers. Project development financing is imperative to our mission and enables positive project outcomes and credit quality.

Rubicon Carbon is funded by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform. Rubicon Carbon benefits from TPG Rise Climate’s extensive portfolio, strategic relationships, global network, and broad expertise.

Leading Rubicon are veteran executives Tom Montag (Rubicon CEO, former COO and Head of Global Banking & Markets at Bank of America), Anne Finucane (Rubicon Chair of the Board, former Vice Chair at Bank of America), and Dr. Jennifer Jenkins (Rubicon Chief Science Officer, co-recipient of the 2007 Nobel Prize, along with other IPCC scientists). 

Our reach and resources have allowed us to mobilize a broad ecosystem of product partners (e.g., satellite imaging, insurance) and blue-chip corporate launch customers.

We are focused on helping corporate customers purchase carbon credits to meet their climate commitments. We look forward to working with small and middle-sized businesses and launching consumer-facing products.

We implement two levels of upfront screening to ensure that our carbon credits are high quality.

  • In Screen #1, we examine more than 10+ credit variables, including credit type, measurability of impact, carbon permanence, geographic risk mitigation, and verification standards.
  • In Screen #2, we conduct individual project-level diligence, leveraging 3rd party verification, satellite monitoring, and developer conversations.

Individual credits that meet our quality standards are then productized into ‘Rubicon Carbon Tonnes,’ or RCTs™, which allows us to offer customers diversification and active inventory management. We continue to monitor projects on an ongoing basis using satellite imagery and other technologies for additional quality assurance.




Voluntary carbon market

Why do carbon credits matter?

According to the IPCC, to meet the 1.5 degree Celsius Paris Agreement goal by 2050, the world must reduce greenhouse gas (GHG) emissions and remove greenhouse gases from the atmosphere. In addition to decarbonization efforts, corporations must also offset their emissions to meet voluntary and regulatory commitments and the demands of their stakeholders. Corporations can accelerate climate action at any stage of their sustainability journey by procuring carbon credits that finance carbon removal and reduction projects.

In alignment with the Oxford Offsetting Principles, while decarbonization is a critical first step, carbon credits also play an essential role in removing and avoiding greenhouse gas emissions at scale. When used correctly, carbon credits accelerate our journey to net zero and limit the impacts of climate change by funding vital carbon reduction and removal projects globally.

A carbon credit represents one metric tonne of CO2 avoided or captured from the environment, a specific project, a specific location, and a specific year.