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GLOBAL CARBON MARKET UTILITY GOVERNING COUNCIL INC
NEW YORK, NY · EIN 934063686 · Form 990 · FY2024 · NTEE C05 · Environment · Micro (<$100K)
revenue
$0
expenses
$151K
net assets
$9.8M
employees
0
volunteers
3
program ratio
82%
mission · from form 990

GLOBAL CARBON MARKET UTILITY GOVERNING COUNCIL INC (GCMU GOVERNING COUNCIL INC) IS DEDICATED TO DRAMATICALLY REDUCING THE AMOUNT OF CARBON DIOXIDE AND RELATED GREENHOUSE GASES IN THE EARTH'S ATMOSPHERE, THEREBY HELPING TO PRESERVE AND IMPROVE THE LIVES AND HEALTH OF PEOPLE AND COMMUNITIES NEGATIVELY AFFECTED BY CLIMATE CHANGE, PARTICULARLY IMPOVERISHED AND UNDERSERVED COMMUNITIES IN DEVELOPING NATIONS, AND TO AVERT THE CATASTROPHIC CONSEQUENCES TO GLOBAL HEALTH AND WELFARE POSED BY THE CURRENT CLIMATE CRISIS. GCMU GOVERNING COUNCIL INC CONDUCTS RESEARCH AND REPORTING TO HELP ENSURE MAXIMUM ENVIRONMENTAL IMPACT OF CARBON PROJECTS.

profile · synthesized from sources

GLOBAL CARBON MARKET UTILITY GOVERNING COUNCIL INC is focused on reducing atmospheric carbon dioxide and greenhouse gases to mitigate climate change impacts, particularly for impoverished and underserved communities in developing nations. The organization conducts research and reporting to assess and maximize the environmental impact of carbon reduction projects. Its mission centers on global climate mitigation and environmental integrity.

named programs · 1 · from sources

What they call their work

Carbon Project Impact Research
Conducts research and reporting to evaluate and ensure the maximum environmental impact of carbon reduction initiatives globally
activities · 1 group

What they do

  • Corporate Climate Accountability Initiatives 1 activity
    • Conducts research and reporting on carbon projects for environmental impact
      Conducts research and reporting to ensure maximum environmental impact of carbon projects, focusing on analysis and evaluation of carbon market initiatives.
financials · form 990 · fy2024
revenue
Total revenue$0
Contributions & grants$0—
Program service revenue$0—
Investment income$0—
Other revenue$0
expenses
Total expenses$151K
Program expenses82%
Admin / overhead18%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$9.81M
Cash$851K
Investments$8.96M
Liabilities$23K
Net assets$9.79M
Liquid reserves779.2 mo
2 years on record · 2023–2024 · YoY revenue -100.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • MARK CARNEY — DIRECTOR
  • MARK GALLOGLY — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Climate Mitigation for Vulnerable Communities
    methodology: climate_mitigation_for_vulnerable_communities
    By reducing atmospheric carbon dioxide and greenhouse gas emissions, we protect vulnerable communities in developing nations from catastrophic climate impacts, because these populations are disproportionately affected by climate change despite contributing least to global emissions.