Goldman partners with Carbon Offsets developer

Goldman Sachs announced that it is taking an undisclosed stake in and partnering with emissions offsets developer Blue Source. Under the terms of the alliance, Goldman Sachs will structure and market a broad range of verified emissions reductions (aka VERs) created by Blue Source’s greenhouse gas reduction projects. The partnership gives Goldman’s clients easy and integrated access to Blue Source’s offsets, allowing them to manage their carbon risks alongside the rest of their financial risks in both the voluntary and pre-compliance carbon markets.

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