Ajman, June 25, 2024 – Pioneering a new era in sustainability, Dr. Lal Bhatia, the visionary behind the successful David and Goliath Farms, establishes UAE’s most comprehensive Licensed Carbon Capture Consultancy and Trading Company, David and Goliath Carbon Trading. The Company is the first to have executed ‘Forward Contracts’ for Startups.
With a mission to democratize carbon trading and make it accessible to all, including SMEs and Startups, David and Goliath Carbon Trading is committed to a sustainable future. It secures seed funding through forward contracts, providing a financial lifeline for businesses to grow and thrive while contributing to a greener planet.
This ‘Method to Monetization’ earned Dr Bhatia’s recently launched David and Goliath Farms, which secured €5 million as a first wave of a planned €50 million funding initiative to nurture the farm’s growth.
In addition to developing and managing a comprehensive trading platform for buyers and sellers of Carbon Credits, David and Goliath Carbon Trading is geared to offer every element of the process, from Concept, Sustainability Study and validation, Market Creation, Forward Contracts and funding Commitment, to disbursement and Ongoing Monitoring and auditing, to businesses desirous of adapting this novel approach.
“I am sure most if not all, startups have faced the unfavourable landscape of traditional funding and finance, which seems exclusive to industry giants. High interest rates, strict credit checks, and economic volatility have made raising equity seemingly impossible. The realm of carbon trading, too, was formerly a members-only club, but with the David and Goliath Carbon Trading approach, that has changed, not just in concept but in actuality, with David and Goliath Farms being proof of the pudding,” said Dr Lal Bhatia Chairman & Founder, David And Goliath Carbon Trading.
“Sustainability is not a choice but a responsibility that we owe ourselves and everyone on the planet. Our approach makes it attainable with simplicity and financially lucrative,” he added.
This underscores the UAE’s commitment to leading climate initiatives, particularly following the recently hosted UN climate summit COP28. It highlights the nation’s dedication to promoting sustainable practices across all sectors and the UAE Energy Strategy 2050.
