Strive organised a COP27 panel in partnership with the International Chamber of Commerce. An in-depth conversation on carbon avoidance versus removals with Verra, Gold Standard and Science Based Targets initiative.
A panel discussion in partnership with
the ICC’s Make Climate Action Everyone’s
Business Forum
The Voluntary Carbon Market (VCM) is experiencing rapid growth, driven by the momentum created by the Paris Agreement, fueled by corporate net zero pledges and powered by private finance seeing the value in carbon reduction and co-benefit premiums. As countries and companies face challenges in meeting compliance obligation demands and reducing their supply chain greenhouse gas (GHG) emissions, the VCM provides a way of abating and neutralizing emissions.
As corporates keep working on reaching net zero, developing a proper climate action strategy is essential. After measuring and reducing emissions, companies must offset unavoidable emissions by financing emission reduction projects. This offsetting strategy must also be well balanced with a mix of avoidance and removal projects to ensure short and long terms carbon capture.
- The increased demand in carbon removals projects in the past 1-2 years and expectations forward.
- The supply of carbon removals credits for companies by 2030.
- CCS (carbon capture scheme), future of technological solutions?
- COP27: what will come out regarding carbon removals or overall VCM.
Organiser
ICC (International Chamber of Commerce)
Date
November, 10th
Time
13:30h (EET)
Panel speakers
Katerina Kolaciova
Commercial Director | Strive
Candace Vinke
Senior Director of Nature-based Innovations | Verra
Owen Hewlett
Chief Technical Officer | Gold Standard
Scarlett Benson
Beyond Value Chain Mitigation Lead | SBTi