Press Release on Erguvan and Secondlaw AI's Partnership
Press Release on Erguvan and Secondlaw AI's Partnership
Press Release on Erguvan and Secondlaw AI's Partnership
January 27, 2025 – London, UK – Erguvan, a pioneer in scalable sustainability technology solutions and creator of the first scalable voluntary carbon and Renewable Energy Certificate (REC) trading platform in the MENAT region, today announced a strategic collaboration with Secondlaw AI, a pioneer in AI weather modeling. The partnership aims to transform price prediction in environmental markets—particularly compliance carbon markets—by merging Erguvan’s deep expertise in carbon markets with Secondlaw AI’s cutting-edge weather forecasting technology.
January 27, 2025 – London, UK – Erguvan, a pioneer in scalable sustainability technology solutions and creator of the first scalable voluntary carbon and Renewable Energy Certificate (REC) trading platform in the MENAT region, today announced a strategic collaboration with Secondlaw AI, a pioneer in AI weather modeling. The partnership aims to transform price prediction in environmental markets—particularly compliance carbon markets—by merging Erguvan’s deep expertise in carbon markets with Secondlaw AI’s cutting-edge weather forecasting technology.
January 27, 2025 – London, UK – Erguvan, a pioneer in scalable sustainability technology solutions and creator of the first scalable voluntary carbon and Renewable Energy Certificate (REC) trading platform in the MENAT region, today announced a strategic collaboration with Secondlaw AI, a pioneer in AI weather modeling. The partnership aims to transform price prediction in environmental markets—particularly compliance carbon markets—by merging Erguvan’s deep expertise in carbon markets with Secondlaw AI’s cutting-edge weather forecasting technology.
Carbon Markets
Carbon Markets
Carbon Markets
Renewable Energy
Renewable Energy
Renewable Energy
Partnership
Partnership
Partnership
A Growing Market in Transition
A Growing Market in Transition
A Growing Market in Transition
According to recent data from the World Bank, compliance carbon markets worldwide reached an estimated USD 400 billion in total value in 2024, marking a 20% year-over-year increase. Europe’s Emissions Trading System (EU-ETS), the largest compliance carbon market, accounted for a significant share of this growth, with carbon allowance prices consistently trading above EUR 80 per metric ton. As regulations such as the Carbon Border Adjustment Mechanism (CBAM) expand and evolve, market participants seek more precise, data-driven tools to stay ahead of risks and capitalize on emerging opportunities
According to recent data from the World Bank, compliance carbon markets worldwide reached an estimated USD 400 billion in total value in 2024, marking a 20% year-over-year increase. Europe’s Emissions Trading System (EU-ETS), the largest compliance carbon market, accounted for a significant share of this growth, with carbon allowance prices consistently trading above EUR 80 per metric ton. As regulations such as the Carbon Border Adjustment Mechanism (CBAM) expand and evolve, market participants seek more precise, data-driven tools to stay ahead of risks and capitalize on emerging opportunities
According to recent data from the World Bank, compliance carbon markets worldwide reached an estimated USD 400 billion in total value in 2024, marking a 20% year-over-year increase. Europe’s Emissions Trading System (EU-ETS), the largest compliance carbon market, accounted for a significant share of this growth, with carbon allowance prices consistently trading above EUR 80 per metric ton. As regulations such as the Carbon Border Adjustment Mechanism (CBAM) expand and evolve, market participants seek more precise, data-driven tools to stay ahead of risks and capitalize on emerging opportunities
Harnessing Weather Data for Market Insights
Harnessing Weather Data for Market Insights
Harnessing Weather Data for Market Insights
Under this new partnership, Erguvan and Secondlaw AI will explore how advanced LWMs—capable of delivering hyper-local and long-term weather forecasts—can be integrated into carbon price predictive models. By coupling granular climate data with real-time market analytics, the collaboration aims to provide unprecedented accuracy in price forecasting. This is especially crucial for compliance carbon markets, where policy shifts, industrial demand, and weather-dependent factors such as renewable energy production can drive volatility.
“Our partnership with Secondlaw AI aligns perfectly with Erguvan’s mission to enable efficient and transparent climate action. Combining our market knowledge with Secondlaw AI’s innovative capabilities opens new horizons for data-driven decision-making in environmental markets,” said Eyuphan Koc, Co-Founder of Erguvan.
Under this new partnership, Erguvan and Secondlaw AI will explore how advanced LWMs—capable of delivering hyper-local and long-term weather forecasts—can be integrated into carbon price predictive models. By coupling granular climate data with real-time market analytics, the collaboration aims to provide unprecedented accuracy in price forecasting. This is especially crucial for compliance carbon markets, where policy shifts, industrial demand, and weather-dependent factors such as renewable energy production can drive volatility.
“Our partnership with Secondlaw AI aligns perfectly with Erguvan’s mission to enable efficient and transparent climate action. Combining our market knowledge with Secondlaw AI’s innovative capabilities opens new horizons for data-driven decision-making in environmental markets,” said Eyuphan Koc, Co-Founder of Erguvan.
Under this new partnership, Erguvan and Secondlaw AI will explore how advanced LWMs—capable of delivering hyper-local and long-term weather forecasts—can be integrated into carbon price predictive models. By coupling granular climate data with real-time market analytics, the collaboration aims to provide unprecedented accuracy in price forecasting. This is especially crucial for compliance carbon markets, where policy shifts, industrial demand, and weather-dependent factors such as renewable energy production can drive volatility.
“Our partnership with Secondlaw AI aligns perfectly with Erguvan’s mission to enable efficient and transparent climate action. Combining our market knowledge with Secondlaw AI’s innovative capabilities opens new horizons for data-driven decision-making in environmental markets,” said Eyuphan Koc, Co-Founder of Erguvan.
Building on Open-Source Innovation
Building on Open-Source Innovation
Building on Open-Source Innovation
The initiative leverages Secondlaw AI’s capabilities for applications like renewable energy forecasting and commodity trading. By enhancing short-term predictive capabilities, this collaboration seeks to help companies navigate compliance-driven carbon markets more effectively.
“We believe advanced weather models have untapped potential in solving complex, real-world challenges, including environmental market forecasting. Our collaboration with Erguvan is a step toward democratizing access to tools to drive meaningful climate action.” stated Murat Uzun, Co-Founder of Secondlaw AI.
The initiative leverages Secondlaw AI’s capabilities for applications like renewable energy forecasting and commodity trading. By enhancing short-term predictive capabilities, this collaboration seeks to help companies navigate compliance-driven carbon markets more effectively.
“We believe advanced weather models have untapped potential in solving complex, real-world challenges, including environmental market forecasting. Our collaboration with Erguvan is a step toward democratizing access to tools to drive meaningful climate action.” stated Murat Uzun, Co-Founder of Secondlaw AI.
The initiative leverages Secondlaw AI’s capabilities for applications like renewable energy forecasting and commodity trading. By enhancing short-term predictive capabilities, this collaboration seeks to help companies navigate compliance-driven carbon markets more effectively.
“We believe advanced weather models have untapped potential in solving complex, real-world challenges, including environmental market forecasting. Our collaboration with Erguvan is a step toward democratizing access to tools to drive meaningful climate action.” stated Murat Uzun, Co-Founder of Secondlaw AI.
Meeting Accelerating Demand
Meeting Accelerating Demand
Meeting Accelerating Demand
This partnership is pivotal in the global shift toward greener policies. The EU-ETS covers over 40% of Europe’s greenhouse gas emissions, and mechanisms like CBAM are broadening the scope and urgency of climate-related regulations worldwide. As companies face growing pressure to track and reduce emissions, the need for advanced forecasting tools incorporating market and climate data has never been higher.
This partnership is pivotal in the global shift toward greener policies. The EU-ETS covers over 40% of Europe’s greenhouse gas emissions, and mechanisms like CBAM are broadening the scope and urgency of climate-related regulations worldwide. As companies face growing pressure to track and reduce emissions, the need for advanced forecasting tools incorporating market and climate data has never been higher.
This partnership is pivotal in the global shift toward greener policies. The EU-ETS covers over 40% of Europe’s greenhouse gas emissions, and mechanisms like CBAM are broadening the scope and urgency of climate-related regulations worldwide. As companies face growing pressure to track and reduce emissions, the need for advanced forecasting tools incorporating market and climate data has never been higher.
About Erguvan
About Erguvan
About Erguvan
Founded in 2022, Erguvan created the MENAT region’s first scalable carbon and Renewable Energy Certificate (REC) trading platform. Backed by institutional investors such as Emirates NBD, the company provides advanced technology and services in voluntary carbon and REC markets while supporting clients subject to compliance frameworks like ETSs and the EU-CBAM. Erguvan’s flagship platforms, ECM and Azalt, streamline carbon credit trading, ESG reporting, and sustainability compliance. By deploying Azalt across its customer base, Erguvan has gained valuable insights into carbon tax risk management and continues to help organizations optimize their sustainability strategies. Discover more at erguvan.co.
Founded in 2022, Erguvan created the MENAT region’s first scalable carbon and Renewable Energy Certificate (REC) trading platform. Backed by institutional investors such as Emirates NBD, the company provides advanced technology and services in voluntary carbon and REC markets while supporting clients subject to compliance frameworks like ETSs and the EU-CBAM. Erguvan’s flagship platforms, ECM and Azalt, streamline carbon credit trading, ESG reporting, and sustainability compliance. By deploying Azalt across its customer base, Erguvan has gained valuable insights into carbon tax risk management and continues to help organizations optimize their sustainability strategies. Discover more at erguvan.co.
Founded in 2022, Erguvan created the MENAT region’s first scalable carbon and Renewable Energy Certificate (REC) trading platform. Backed by institutional investors such as Emirates NBD, the company provides advanced technology and services in voluntary carbon and REC markets while supporting clients subject to compliance frameworks like ETSs and the EU-CBAM. Erguvan’s flagship platforms, ECM and Azalt, streamline carbon credit trading, ESG reporting, and sustainability compliance. By deploying Azalt across its customer base, Erguvan has gained valuable insights into carbon tax risk management and continues to help organizations optimize their sustainability strategies. Discover more at erguvan.co.
About Secondlaw AI
About Secondlaw AI
About Secondlaw AI
Secondlaw AI delivers mission-critical AI-driven weather insights tailored for the energy and commodity markets. their proprietary quantitative tools boost predictive accuracy across key sectors such as renewable energy, agriculture, and environmental markets. Through their open-source initiative, Skyrim, users can fine-tune and deploy custom weather models to meet specialized requirements. Discover more at secondlaw.xyz.
Secondlaw AI delivers mission-critical AI-driven weather insights tailored for the energy and commodity markets. their proprietary quantitative tools boost predictive accuracy across key sectors such as renewable energy, agriculture, and environmental markets. Through their open-source initiative, Skyrim, users can fine-tune and deploy custom weather models to meet specialized requirements. Discover more at secondlaw.xyz.
Secondlaw AI delivers mission-critical AI-driven weather insights tailored for the energy and commodity markets. their proprietary quantitative tools boost predictive accuracy across key sectors such as renewable energy, agriculture, and environmental markets. Through their open-source initiative, Skyrim, users can fine-tune and deploy custom weather models to meet specialized requirements. Discover more at secondlaw.xyz.
Media Contacts
Media Contacts
Media Contacts
Erguvan: eyup@erguvan.co
Secondlaw AI: murat@2lw.ai
For additional information or interview requests, please reach out to the media contacts above.
Erguvan: eyup@erguvan.co
Secondlaw AI: murat@2lw.ai
For additional information or interview requests, please reach out to the media contacts above.
Erguvan: eyup@erguvan.co
Secondlaw AI: murat@2lw.ai
For additional information or interview requests, please reach out to the media contacts above.
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Orjin Maslak İş Merkezi, Eski Büyükdere Cad.No: 27, Zemin Kat Sarıyer, İstanbul, Turkey
London
59, Terrington Hill, Marlow, England, SL7 2RE
DUBAI
Level 2 Innovation Hub Dubai International Financial Centre
2024 © erguvan | Digital Infrastructure for Corporate Climate Action
OFFICES
Istanbul
Orjin Maslak İş Merkezi, Eski Büyükdere Cad.No: 27, Zemin Kat Sarıyer, İstanbul, Turkey
London
59, Terrington Hill, Marlow, England, SL7 2RE
DUBAI
Level 2 Innovation Hub Dubai International Financial Centre
2024 © erguvan | Digital Infrastructure for Corporate Climate Action
OFFICES
Istanbul
Orjin Maslak İş Merkezi, Eski Büyükdere Cad.No: 27, Zemin Kat Sarıyer, İstanbul, Turkey
London
59, Terrington Hill, Marlow, England, SL7 2RE
DUBAI
Level 2 Innovation Hub Dubai International Financial Centre
2024 © erguvan | Digital Infrastructure for Corporate Climate Action