Patch and Varaha have signed a multi-million-dollar deal to boost investments in durable, high-impact carbon removal projects.
Empowering Smallholder Farmers and Communities
The partnership has reached over 100,000 smallholder farmers in Asia, directing climate finance to grassroots through nature-based solutions with environmental and socio-economic benefits.
Global Companies Back High-Impact Climate Projects
So far, over 35 companies have invested in Varaha’s projects through Patch, including the
carbon-neutral shipping service, Sendle. These investments have fueled a diverse portfolio spanning regenerative agriculture, reforestation, and biochar initiatives across Southern Asia.
Over 1.5 Million Tons of CO₂ Removed
The press release stated that the supported projects have removed over 1.5 million tons of CO₂ from the atmosphere, demonstrating the scale and credibility of Varaha’s efforts.
Highlights of the initiative include:
*Engagement with 4,000 smallholders across 145 villages
*Generation of 50,000 days of part-time employment
*Distribution of $2.19 million in carbon revenue to smallholder farmers
*Restoration of 4,000 hectares of grasslands
*Elimination of 100,000 tonnes of illegal logging and biomass burning
*31% increase in grassland vegetation
Industry Leaders Speak Out
Brennan Spellacy, CEO and Co-founder of Patch, said the partnership highlights the impact of high-integrity carbon removal and its growing role in climate action. Patch and Varaha are enabling responsible investment in carbon projects, unlocking climate finance — and this is just the beginning.
Madhur Jain, CEO and Co-founder of Varaha, said they are focused on scalable, high-impact carbon projects. Patch-supported initiatives now cover over 1 million acres in two Asian countries, removing 1.5 million tonnes of CO₂. He added that the growing partnership will help build a more transparent, efficient carbon market.
Veena Harbaugh, Sustainability Director at Sendle, said the company is proud to back innovative carbon removal efforts with Patch and Varaha. This supports Sendle’s net-zero goal by 2040 and investment in ecosystem-restoring projects.
