Climate Care is a UK-based carbon offset company founded in 1997. Climate Care was sold to J.P.Morgan in 2008 and became part of JPMorgan Chase's Environmental Markets business. It was taken private through a Management Buy Out in 2011 and now operates under a 'profit for purpose' business model. It has offices in Oxford, England. and Nairobi, Kenya; . On 24 August 2007, Climate Care announced that it had successfully delivered its first million tonnes of greenhouse gas emission reductions.. It has now funded over 11 million tonnes of Emission Reductions worldwide. ClimateCare is one of the... world's first and largest organisations in originating, development and retail of voluntary carbon emission reductions. ClimateCare manages emission reduction projects across the developing world using low carbon and energy efficiency technologies to drive sustainable development. On 26 March, 2008, JPMorgan Chase announced the acquisition of Climate Care. ClimateCare funds projects all over the world, particularly in developing countries, which produce verified reductions in greenhouse gas emissions and have associated social or environmental benefits for the local communities.
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