Sustained Investment Momentum in Carbon-to-Value September's financings weren't isolated wins — they signaled that carbon-to-value has crossed the line from experiment to investable asset class. Looking across 2025, the capital markets have begun treating carbon not as an externality to be offset, but as a feedstock and financial instrument in its own right. The deals tell a consistent story: carbon is no longer waste, it's a market. 1. Carbon Credits Go Institutional – The R