C-Quest Capital is proud to announce leading environmental finance investor Mark Woodall has joined as its Chief Investment Officer, having served for the last year as a Senior Adviser to the Company.
Sydney-based Woodall has a long track record in environmental investment, as a founder of Impax Capital in 1994 and Climate Change Capital in 2002. He has been an adviser, investor, or principal in around 100 clean technology transactions throughout his career, overseeing the deployment of more than $5 billion of capital.
“Mark joins C-Quest as our operations are set to ramp up, following the recent signing of our agreement with Macquarie Group to finance the distribution of cookstoves to more than one million homes across Africa, yielding more than 40 million emissions offset units by 2030 and transforming the lives of more than five million people,” says C-Quest founder and CEO Ken Newcombe.
“Mark’s skills and experience bolsters C-Quest’s position as a major player in the rapidly growing voluntary carbon market and will help us to scale up our work in delivering impactful changes to the world’s poorest and most vulnerable,” he adds.
In the mid-2000s, Woodall and Newcombe worked together at Climate Change Capital, where Woodall was a co-founder and CEO and Newcombe Vice Chairman and Co-Head of the Carbon Finance Business, jointly running the world’s largest private-sector carbon fund.
“The carbon market is alive with opportunities for investment, and we have an opening to significantly transform people’s lives with the smart deployment of capital,” says Woodall.
“Building on its work over the past decade, C-Quest is in a prime position to make the most of these opportunities and is an attractive partner for investors, as the deal with Macquarie shows. I look forward to being a part of that next chapter with C-Quest Capital and working closely with Ken again.”
To date, C-Quest Capital has delivered improvements to the lives of more than 20 million people across sub-Saharan Africa, Central America, and South and Southeast Asia, while reducing in excess of 3 million tonnes of CO2. The firm’s projects are designed to deliver maximum impact and benefits beyond emissions reductions, such as improved health and women’s empowerment. For more information, please see cquestcapital.com.
Staff Highlight Series: Simon Borcherdt
At C-Quest Capital, the heart and soul of our success lies in the dedication and passion of our exceptional team members. We are excited to kick off a series of blog posts highlighting the exceptional talent we have in this company to put a spotlight on the remarkable individuals who make our organization thrive.
Mahua Acharya Joins C-Quest Capital as Chief of Staff
C-Quest Capital (CQC), a world-leading carbon finance business dedicated to catalysing an energy transition across Africa and South Asia to mitigate climate change, is delighted to announce the appointment of Mahua Acharya as Chief of Staff.
Press Release: Shell and C-Quest Capital agree funding for an Efficient Lighting Project in India
Carbon project developer, C-Quest Capital (CQC) and Shell International Eastern Trading Company (Shell) have agreed the financing for one of the largest household efficiency projects globally. The project, dubbed ‘Project Shine I’, will replace inefficient incandescent light bulbs (ICLs) with energy efficient LED globes across disadvantaged rural, and peri-urban regions of India.
Stories of Impact: Behind Tsotso Stove, there’s a story to tell
Local Poet Sylvia Muzarrabani composed a poem titled "Behind Tsotso Stove, there's a story to tell". The poem encapsulates her feelings of how CQC's TLC Rocket Stove has transformed the lives of the people in her village.
Stories of Impact: CQC Mbaula Trophy Championship
Thousands of people, many travelling hundreds of kilometres and many hours away have made the trek to witness the finals of the CQC Mbaula Trophy Championship, C-Quest Capital’s inaugural soccer and netball tournament held in Lilongwe, Malawi.
LED’s Lighting a New Path for Future Sustainability: Part Three
In this final part of our blog series, we will hear from three regions, Uttar Pradesh, Telangana, and Bihar