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French Startup Bags $43M For 100% Wind-Powered Cargo Trimaran

With over 80% of world trade moved by sea, the demand for eco-friendly alternatives is more urgent than ever. The maritime industry is under pressure to adopt cleaner, more sustainable transport solutions to lower carbon emissions. 

VELA, a trailblazing French company offering 100% wind-powered maritime transport, has secured €40 million ($43 million USD) from various investors. The funding round is led by Crédit Mutuel Impact, 11th Hour Racing, and the French Public Investment Bank (BPI). This substantial capital injection represents a major milestone for VELA as it aims to revolutionize international cargo shipping with sustainable, wind-powered vessels. 

The maritime company plans to use this funding to begin construction on its first sailing cargo trimaran officially. It will also utilize the fund to expand its operational and sales teams in both France and the United States.

Michael Fernandez-Ferri, Managing Director and Chairman of VELA, remarked on the fundraising, saying that:

“This major fundraising marks a key step in VELA’s development. This sailing cargo trimaran symbolizes our vision of a world combining innovation, sustainability, and humanity.”

VELA’s Eco-Friendly Approach to Maritime Transport

The French startup’s development is underpinned by a strong transatlantic vision. It has the ultimate goal of providing fast, reliable, and eco-friendly shipping services that will reduce carbon emissions and create a more sustainable maritime industry.

Since its founding in November 2022, VELA has positioned itself as a key player in addressing both the climate crisis and social responsibility in the shipping sector. The industry contributes significantly to global greenhouse gas emissions. 

Shipping accounts for over 80% of global trade and emitted over a billion tons of CO2 in 2018, according to the International Maritime Organization. And this emission will continue to rise as shown below. The maritime regulator has taken measures to cut the industry’s GHG emissions and reach net zero emissions goal by 2050. 

shipping sector annual emissions projection to 2050
Source: IMO

Many shipping companies are already embracing green initiatives to reduce carbon emissions and bring the sector to net zero. Some are investing in cleaner fuels like methanol, using technologies such as wind propulsion and hull-cleaning robots, and adopting energy-efficient ship designs. 

VELA steps in to help mitigate the industry’s impact with its wind-powered ships. In a market where fast, reliable service is paramount, the startup stands out for its unique combination of sustainability and speed. 

Traditional cargo ships can take weeks to complete transatlantic crossings. But VELA’s innovative trimaran aims to reduce this time to under 15 days, including loading and unloading. The trimaran, which draws inspiration from offshore racing technology, will operate 100% under sail, offering a genuinely carbon-neutral transport solution.

Additionally, VELA’s services cater to shippers of high-value goods such as industrial parts, pharmaceuticals, and healthcare equipment. The trimaran’s cargo holds will be temperature-controlled to meet the stringent needs of these industries, ensuring the integrity and safety of goods during transport.

A Greener Route With Groundbreaking Ship Design

The centerpiece of VELA’s ambitious plans is its first vessel—the world’s largest sailing cargo trimaran known as “L’avion des Mers” or “The Sea Plane”. This cutting-edge ship will be built by the renowned Australian shipyard Austal, with additional technical input from the offshore racing experts at MerConcept. Construction is set to begin soon, with delivery expected in the second half of 2026.

Vela wind-powered cargo trimaran
Image from Vela

The trimaran will feature groundbreaking technology and design, allowing it to cross the Atlantic with unprecedented speed and reliability. The vessel will measure 220 feet in length, with a height of 200 feet and a width of 82 feet. The hull will be constructed from aluminum, while the masts will be made of carbon to ensure both durability and lightweight efficiency. 

To further enhance its eco-friendly profile, the ship will feature over 3,230 square feet of photovoltaic panels and two hydro-generators. They will supply renewable energy to support the vessel’s operations.

Other Notable Green Innovations on the High Seas

VELA’s first trimaran will service a dedicated maritime line between the Atlantic coast of France and the eastern seaboard of the United States. This route is strategically important for VELA’s business model, as it will connect two major economic regions while offering a decarbonized, reliable, and secure shipping option for high-value goods.

The company’s clients come from diverse sectors, including fashion, wines and spirits, custom-made artisanal products, food, medical supplies, and high-tech industries. VELA expects to see increased demand for its services as more companies seek sustainable transport options, especially for products that cannot afford long shipping times.

Normandy and New Aquitaine, two key regions in France, will play vital roles in VELA’s operations. These strategic territories will host departure ports, ensuring that VELA’s decarbonized maritime solutions are accessible to customers across France.

Another company operating in the maritime sector, Vision Marine Technologies is leading emission reduction with its electric boats. The company specializes in manufacturing fully electric boats that produce zero emissions, offering a sustainable alternative to traditional gasoline-powered vessels. The Canadian-based company commits to advancing clean energy in the marine industry. 

Maersk made history by implementing the first green bunkering service with methanol, positioning itself as the world’s first shipping line to operate a container vessel on green fuel. Last year, COSCO Shipping launched an electric container vessel with a 700 TEU capacity. 

Additionally, MSC joined SEA-LNG, advocating for LNG’s role in decarbonization. Wallenius Wilhelmsen is prepping for both green methanol and ammonia-powered ships, while DB Schenker and Hapag-Lloyd have partnered to use biofuels for emissions reduction. 

Evergreen Marine is tracking greenhouse gas emissions, and major ports globally are setting up green methanol bunkering services.

Now Vela, with this funding round and strategic partnerships in place, is well on its way to becoming a leader in sustainable maritime transport. As the world shifts towards greener practices, VELA’s wind-powered ships could represent the future of global shipping.

The post French Startup Secures $43M For 100% Wind-Powered Cargo Trimaran appeared first on Carbon Credits.

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The Strategic Case for Nature-Based Carbon Investments

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Nature-based carbon investments deserve consideration when they address a specific business dependency and produce outcomes you can measure. Imagine Moonbucks, a global coffee roaster planning next season’s espresso blend. It is considering natural Grade 4 coffee from Jimma, in southwestern Oromia, Ethiopia. Its sourcing decisions affect the roasting schedule and the cash tied up in coffee purchases. Moonbucks needs to understand which measures could protect that supply, what they would cost and how it would judge the results.

1. Define the sourcing problem before choosing a project

Moonbucks needs a dependable component for its espresso blend. Its procurement team wants continuity of volume and an agreed cup profile. Replacing a shipment at short notice could require new sample approval and changes to the blend, and given the schedules for cultivation, processing, and freight delivery, is practically impossible. Moonbucks needs to get this right, and its initial concern is inconsistent deliveries. It commissions an assessment of the supplying farms and post-harvest chain. The questions cover land condition, harvest availability and whether drying or storage problems are affecting saleable lots.

This distinction changes the investment brief. A tree-planting proposal cannot be assumed to fix drying problems. Better storage cannot restore eroded land. The team must establish which problem exists before selecting the response.

CCC’s guide to finding nature-based solutions in your supply chain explains where to look. Here, the next task is to turn a broad concern into a testable proposal.

2. Develop nature-based carbon investments around the actual supply chain

The assessment would trace Moonbucks’ purchases back through the exporter and supplying producer groups. Which farms supply the contracted lots? Who controls land-management decisions? How long does the buyer expect to maintain the purchasing relationship?

Furthermore, Jimma natural Grade 4 cannot be treated as interchangeable with every Ethiopian coffee. Moonbucks would need to test any substitute against its own blend and quality requirements.

Suppose Moonbucks’ assessment identifies an opportunity to maintain shade trees and restore vegetation along exposed streambanks. The IPCC describes agroforestry as a way to store carbon in vegetation and soil, with potential benefits for erosion control and water quality.1 Moonbucks would need local advice on species, growing conditions and maintenance before deciding how these measures fit its sourcing plan.

The proposal now has a defined sourcing connection and a candidate intervention. The next steps are to test its effect on production, assess carbon eligibility and build the financial case.

3. Compare the proposal with other ways to protect supply

WBCSD’s Nature-based Solutions Blueprint recommends comparing nature-based options with other responses across their benefits and costs.2 For Moonbucks, that means evaluating the landscape proposal alongside drying improvements, storage controls and alternative sourcing arrangements.

The product’s natural-process designation matters. Moonbucks should examine the drying and dry-milling chain alongside land conditions. Its team would check storage practices, contamination risks and incoming-lot quality to see whether problems arise before or after the coffee leaves the farms.

The revised proposal might combine land stewardship with separate post-harvest controls. Each component needs its own purpose and budget. A sustainability label should not obscure which activity is expected to solve which problem.

The project develops as the evidence improves. Its scope should follow the diagnosis rather than preserve the first idea unchanged.

4. Establish what the carbon outcome could count toward

Moonbucks’ sustainability team now tests the proposed carbon case separately from the sourcing case. Is the objective a measurable change in Moonbucks’ value-chain emissions, verified credits for separate voluntary use, or distinct outcomes under carefully defined arrangements?

Scope 3 covers value-chain emissions. A purchasing relationship alone does not prove that a farm intervention can be included in Moonbucks’ inventory. The team needs an applicable accounting method, defensible boundaries and evidence supporting attribution.

SBTi’s FLAG Guidance (forest, land and agriculture), version 1.2, says purchased credits used as offsets cannot meet near-term FLAG or energy and industry targets. Eligible land-based removals are subject to accounting requirements.3 Moonbucks needs to test its proposal against those rules before including an outcome in its targets.

For Moonbucks’ Jimma proposal, maintaining existing trees and establishing new vegetation could involve different carbon questions. Specialists must examine the baseline and additionality, meaning what changes because the project proceeds. They must also assess measurement and the risk that stored carbon is lost. CCC’s MRV and additionality article introduces those tests.

Until that work is complete, Moonbucks should not budget an assumed Scope 3 reduction or credit-sale receipt. Direct emissions reductions remain the priority.

5. Build a financial case that survives weaker assumptions

Moonbucks’ finance team would now build a multi-year budget. UNEP’s State of Finance for Nature 2023 compares current finance with the investment needed to meet climate, biodiversity and land-restoration goals.4 The company would cost its proposed activities, farmer participation and ongoing monitoring. Verification, where required, is a separate expense. Maintenance and responsibility for replacing failed plantings must remain visible after the initial establishment budget ends.

Operational benefits need equally careful treatment. If fewer rejected lots reduce emergency purchasing, count that saving once. Do not add “supply resilience” as another financial benefit when it represents the same avoided cost.

Moonbucks should compare a base case with slower benefits, higher implementation costs and no carbon revenue. It should also distinguish production outcomes from quality and shipment outcomes. A single good harvest would not prove that the landscape intervention caused better delivery performance.

A project can remain worth funding even when its carbon case needs more work. That decision must rest on the operational evidence and the company’s objectives, without unsupported environmental claims.

6. Fund a pilot with a clear expansion decision

Moonbucks’ first approval would fund a bounded pilot, rather than commit the entire sourcing program. Before spending, Moonbucks would agree on participating farms, responsibilities and the evidence needed at review.

Its scorecard could track farmer participation, implementation costs and plant survival, alongside accepted coffee volumes and lot-quality results. Carbon measurements would follow the selected method. Farm-level traceability must connect the intervention to the actual sourcing relationship.

Suppose Moonbucks’ review later finds that storage changes explain most quality improvements, while the land measures need longer observation. Those findings would shape the next decision: expand the proven component, adjust the landscape work or pause further spending. They would not justify crediting all improvements to tree planting.

This gives nature-based carbon investments a practical place in a multi-year strategy. Funding increases as the evidence supports it, and the project can change direction before a larger commitment.

Discuss a sourcing opportunity with CCC

Carbon Credit Capital’s nature-based supply-chain investment service uses its Dual-Value Model to examine supply-chain economics alongside potential sustainability outcomes.

Schedule a consultation to discuss your sourcing exposure and the questions to resolve before allocating capital.

Sources

  1. Intergovernmental Panel on Climate Change (IPCC), Climate Change 2022: Mitigation of Climate Change, Chapter 7, Agriculture, Forestry and Other Land Uses, section 7.4.3.3 (Agroforestry).
  2. World Business Council for Sustainable Development (WBCSD), Nature-based Solutions Blueprint, 5 June 2024.
  3. Science Based Targets initiative (SBTi), Forest, Land and Agriculture Science-Based Target-Setting Guidance, version 1.2, March 2026, section 3.1.4, pp. 37–38.
  4. United Nations Environment Programme (UNEP), State of Finance for Nature 2023, 2023.
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Carbon Footprint

How to buy plastic credits, and what to check before you do

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A plastic credit funds the collection of plastic waste in places where no formal system exists to collect it. Each credit represents a measured, independently audited quantity of plastic taken out of the environment or returned to use, tracked on a public registry.

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Carbon Footprint

EU carbon credit claims after 27 September 2026

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EU carbon credit claims changed on 27 September 2026, the day the Directive (EU) 2024/825 began to apply across the European Union. The change is narrow. It changes how a company can talk about the credits it buys. A product can no longer be called neutral on the strength of compensation alone; however, every specific, evidenced statement about what a company measured, reduced, and funded stays fully available.

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