Ever wondered about tackling carbon emissions already in our atmosphere? Direct air capture (DAC) offers a solution by removing carbon dioxide (CO2) directly from the air and carbon finance is the solution to additional investment revenue. Here’s a quick dive into this innovative technology: 🔍 Understanding DAC: DAC utilizes technology to capture CO2 from the atmosphere, complementing traditional...
We are excited to share with the LinkedIn community the remarkable work being carried out by the Science Based Targets Initiative (SBTi). SBTi, founded in 2015, is a collaborative effort of leading global organizations that empowers businesses to set ambitious, science-based targets to combat climate change and create a sustainable future. SBTi provides a...
Verra released a new methodology (VM0047 v1.0) in September 2023 shaking things up in the ARR world. Dynamic Baselines: A Big Win! One of the most exciting features of the new methodology is the use of dynamic baselines. This means that instead of relying on static predictions of what would have happened without the...
Under the Greenhouse Gas (GHG) Protocol, many companies and organizations utilize renewable energy certificates (RECs) to align with their science-based emission reduction targets and claim reductions in Scope 2 emissions (purchased electricity). However, it is essential to understand that purchasing RECs generally do not contribute to the creation of additional clean energy generation capacity....
The EU taxonomy is a classification system, establishing a list of environmentally sustainable economic activities. It could play an important role in helping the EU scale up sustainable investment and implement the European Green Deal. The EU taxonomy could provide companies, investors and policymakers with appropriate definitions for which economic activities can be considered environmentally...
The 2021 United Nations Climate Conference, COP 26, took place in Glasgow in October 2021. 151 countries presented their Nationally Determined Contribution (NDC) at the conference, which is a roadmap to reduce their emissions by 2030. However, according to the United Nations, in spite of these climate change plans, however, the United Nations predict that...
