DevvESG Streaming, a carbon streaming investment company, and LED Green Light International (“LEDGLI”), a designer and manufacturer of advanced LED lighting products, today announced the launch of the first carbon streaming initiative to provide investments into large-scale LED lighting deployments, worldwide. The joint initiative takes a unique approach, offering upfront funding for both new and retrofit LED installation projects in exchange for rights to the carbon credits generated by those projects.
The initiative’s goal is to offer corporations, cities and nations the initial capital required to launch green projects that improve businesses and communities, while simultaneously managing the process of carbon credit generation and certification upon the work’s completion. In addition to LED lighting deployments, DevvESG Streaming also invests in other large-scale sustainability projects that generate renewable energy, reduce greenhouse gas emissions, or sequester atmospheric carbon dioxide. Funding is currently available, with a range of new projects already under evaluation.
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