2025 Impact Report: S$78M deployed, 3.2M tonnes retired
Our first annual impact review shows where each dollar went and how much carbon it shifted — right down to the project.
Carvanta's first Impact Report covers the full 2025 period: S$78 million deployed, 3.2 million tonnes of CO₂-equivalent retired, and 214 projects audited and funded across five categories.
Capital flow is broken out by category — 34% reforestation, 22% solar, 18% wind, 14% ocean and 12% bioenergy — and the survival and permanence ratings underpinning each headline number are published alongside it.
Ninety-one cents of every dollar went straight to project developers; the rest covered verification, monitoring and platform operations.
The report also sets out where the model fell short. Two reforestation projects missed their first-year survival targets and had subsequent issuances withheld until replanting was completed — a reminder that withholding, not just issuing, is part of what makes a credit credible.
The full report, including per-project figures and the independent verification statements, is available to registered buyers.