Primary Industry

Industry
Environmental Services
Size
11-50 employees
Company Type
Privately Held

ICA-Finance is a Norwegian company specializing in generating emission reductions in Africa, the Middle East, and Central Asia. With 15+ years of experience across 20+ countries, our goal is to take prompt climate action by delivering reliable emission reductions in developing nations.

Our impact is over €107 million in carbon finance generated and more than 10 million tCO2e removed to date. That is equivalent to removing 2.3 million fossil fuel-powered cars from the road for a full year.

Since 2023, we are VC-backed by Climate Investment, a specialist climate investor founded by the OGCI, with $1 billion+ in assets under management (AUM).

We partner with national and independent oil and gas companies to deliver rapid, scalable methane and GHG emission reductions. ICA-Finance covers the full project cycle from identification, assessment, financing, development, and monetization of emission reductions.

Co-founded by the founder and first CEO of Equinor, we combine deep energy expertise with a commercial approach to methane and GHG reductions. We use carbon finance as a catalyst for scalable decarbonization in the Global South, prioritizing local presence, capacity building and trusted partnerships.

ICA-Finance is a member of the International Emissions Trading Association (IETA) and the Norwegian-African Business Association (NABA).