ICA-Finance AS Information

ICA-Finance is an investment 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. We partner with national and independent oil companies to achieve rapid, scalable emission reductions, aiding global decarbonization. Our focus includes project identification, assessment, financing, development, and selling emission reductions in carbon markets. ICA-Finance leads in developing methane and GHG emission reductions commercially to drive impactful climate financing tools for maximum climate impact. Total impact to date: 10 million tCO2e removed. Total carbon finance generated to date: ~ 107 million EUR. ICA-Finance oversees the financing, generation, and monetization of GHG emissions projects which includes sales of emission reductions as High-Integrity Credits in carbon markets. We prioritize local presence wherever we operate, leveraging key local talent and strong long-term partnerships. ICA-Finance is a member of the International Emissions Trading Association (IETA) and the Norwegian-African Business Association (NABA). In 2023, Climate Investment (CI), founded by the OGCI, invested into ICA-Finance as Lead Investor.