Historic Sovereign Carbon Transaction for $5 Billion Announced Through U.S. Firm

 The U.S.-based firm Laconic Infrastructure Partners announced on Wednesday that it had received a request from the Government of Bolivia to use its SADAR platform. This platform will enable Bolivia to generate economic revenue from the conservation of its forests, rivers, and other ecosystems. These funds will be directed toward achieving the country’s climate goals, known as Nationally Determined Contributions (NDCs).

The announcement, published on the specialized platform PR Newswire, explained that by using Laconic’s carbon securitization platform, large-scale environmental data streams will be aggregated to monetize up to $5 billion from Bolivia’s present and future carbon reserves. This marks the first benchmark sovereign carbon sale.

According to PR Newswire, SADAR is an innovative tool designed to measure and assess a country’s “natural capital,” encompassing all its natural resources. By assigning economic value to these resources, the platform can attract investments for their protection and restoration.

“The Plurinational State of Bolivia is committed to completely halting deforestation within our territorial borders by 2030,” stated Marcelo Montenegro, Minister of Economy and Public Finance, as quoted by the website.

“By working with Laconic, we have, for the first time, been able to generate sufficient development financing that will allow our country to fulfill this commitment and enhance our ambitions under the Paris Agreement. This benefits not only our own citizens but all of humanity as we collectively strive to achieve the NetZero 2050 goal,” Montenegro added.

PR Newswire emphasized that Laconic’s unique technology platform, SADAR, continuously manages the data streams required for the Sovereign Carbon product. This ensures compliance not only with the Paris Agreement itself but also with all relevant local and regional regulatory authorities governing the carbon market.

“It is an honor for Laconic to work with the Plurinational State of Bolivia to advance the innovative sovereign carbon market,” said Andrew Gilmour, CEO of Laconic.

“This transaction demonstrates the power of technology to drive change in emerging market finance. For the first time, we can collectively leverage market forces to generate more economic growth from the preservation of natural capital assets than from their exploitation. Simply put, our technology has made it possible to earn more by preserving forests than by cutting them down.”

About Laconic

Founded in 2021, Laconic is a public benefit corporation (PBC) headquartered in Chicago, with offices in Toronto, London, and Singapore.

The company provides precise environmental intelligence, data management tools, and geospatially integrated insights that enable governments, corporations, and financial institutions to participate equitably in data exchange activities. These activities facilitate open and compliant capital market operations in carbon-linked instruments.


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