Alina Bassi

💚 Excited to be featured in Springer Professional discussing how we can tackle the complex challenge of Scope 3 emissions. From leveraging emissions data to pioneering insetting strategies like regenerative agriculture, the article covers key steps for driving sustainability across supply chains 🌍 👉 Check out the full interview (in english) Thanks for the chat, Frank Urbansky! 🙏 #Scope3 #ClimateAction #ImpactInvesting Future Energy Ventures

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New technology analysis post coming next week, today I'm sharing my article on the origin and evolution of offsets. it's important that we keep in frame how long it can take to develop new solutions and how much of that goes on without public awareness. To be successful in addressing climate change we need a variety of strategies and we need broader buy-in. VCMs are imperfect but improving and they are acting as the proving grounds that will help regulators and policy wonks to act with greater authority and confidence. Take a peek and let me know where you agree or disagree. p.s. if you have special requests for analysis articles, or want to talk about the problem you're tackling, drop a comment.

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Monitoring, reporting, and verification (MRV) for carbon markets is confusing. There are 6+ organizations with 35 standards that cover different CDR technologies and have overlapping & different "rules" for the same technology. CDR.fyi, Tank Chen, and Nadine Walsh published a great guide to demystify the MRV landscape. They did a great job simplifying and clarifying the topic. Take a look!! #climatechange #climatetech #climatecareers #climateaction

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7 bricks to accelerate climate tech The Climate Brick researched and documented the scaling and fundraising journeys of European climate tech companies, identifying 7 distinct types of companies, or "bricks". For each brick, they created a manual on scaling business models, addressing common challenges, and how companies have overcome them. It's a great resource for anyone tackling hard problems with hard tech! 🛸 Below is an overview of the seven bricks, with example sectors and companies. If you're building or investing in these areas, check out the brick manuals on the following slides. ✨ Thank you The Climate Brick 👏

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It's been an exciting two weeks for climate action and carbon market integrity progress! The Integrity Council for the Voluntary Carbon Market (ICVCM) has just released its initial methodology assessments. These assessments are important to ensuring that carbon credits meet rigorous standards, promoting transparency, credibility and trust in the voluntary carbon market. https://lnkd.in/gqEmcNbq Additionally, the Biden administration unveiled its Principles for High-Integrity Voluntary Carbon Markets aiming to bolster the credibility of carbon offset initiatives in the fight against climate change. These principles emphasize robust measurement, verification and utilization, ensuring that every carbon credit represents a real and measurable climate benefit. https://lnkd.in/gcAZ94sN Integrity is critical to the functioning and expansion of the VCM, and initiatives like these demonstrate welcome progress.

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The science behind climate change goes back further than you might think, and the efforts to solve for the risks posed by greenhouse gases do too. This week's blog dives into the fascinating history of carbon markets, tracing their evolution from early scientific warnings to the complex systems we see today. Key Takeaways: - Early Warnings: Scientists like Eunice Foote and Svante Arrhenius laid the groundwork for understanding human-caused climate change in the 19th century. - The Keeling Curve: Roger Revelle and Charles David Keeling's work provided irrefutable evidence of CO2 accumulation in the atmosphere, sparking a new urgency for action. - Market Solutions Emerge: Ronald Coase's work on market mechanisms for environmental issues laid the foundation for carbon offsets and trading systems. - From Theory to Practice: The 1988 pioneering offset project by WRI and AES demonstrated the feasibility of carbon offsets. - International Collaboration: The UNFCCC and Kyoto Protocol provided a global platform for nations to tackle climate change through carbon markets. Read the full story to see how carbon markets have evolved and the challenges they still face!https://lnkd.in/eenvEhS3 #carbonmarkets #climatechange #climatesolutions #sustainability

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Mitigation Classes are a key unlock for carbon markets. I’m proud of the Absolute Climate team for all their hard work to put together this latest explainer on what Mitigation Classes are, and why they matter. Mitigation Classes directly address one of the toughest challenges in carbon removal - how do we maintain strict standards while still nurturing new, groundbreaking technologies? The Absolute Carbon Standard solves this problem with Mitigation Classes, which are distinct credit labels that provide fit for purpose MRV requirements based on a projects maturity and goals. Th 3 Keys to Mitigation Classes: 🔍 Clarity and Comparability: Two categories - Absolute Class for proven solutions and Innovation Class for early-stage approaches - ensure that buyers know exactly what they’re purchasing and developers have a transparent roadmap for growth. ⚖️ Support for Innovation and Scalability: Innovation Class lets early-stage projects focus on feasibility and development without being held to standards designed for mature pathways. Meanwhile, Absolute Class ensures that established projects meet the highest accountability standards. 💪 Building Trust and Accountability: By maintaining rigorous, science-based benchmarks and providing room for innovation, Mitigation Classes help the carbon removal market build confidence and scale responsibly. Mitigation Classes are a key piece of Absolute Climate’s mission to ensure that credit claims match climate impacts. If you have questions or would like to dive deeper into the Mitigation Classes framework, please reach out. You can read more about Mitigation Classes here: https://shorturl.at/IwJtK

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📰 📣 🎇 PR needs to be a core capability for climate tech startups. As climate tech startups launch new technologies and business models to reduce GHG emissions and remove CO2 from the atmosphere, they likely need build markets for their offerings. In addition to "traditional" activities like customer research, product development, and sales, climate tech startups also need to invest in PR capabilities to increase awareness of their solution and influence public policy changes. Thanks to Alex Constantinople (Bessemer Venture Partners), Alex Wilhelm (TechCrunch), JOHN OBRIEN (SBS), and Kelly Ferguson (Claroty) for putting together this great PR guide for startup founders. My takeaways (which I think are true of any stage company in any sector). 🎯 Set clear objectives for your PR activities that support with your business goals 🗣 Be an authentic storyteller -- tell your personal narrative about why / how you founded your company 📈 Don't be afraid to talk about your solution AND your business results 🎣 Nail your messaging to have a hook, details, what in it for them, and an ask 📆 Plan for PR to be a consistent part of your company's operating calendar 💸 Right-size your investment in PR based on your company's size and need Check out the full summary & transcript!! #climatechange #climatecareers #startups

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📉 **New Research Shows Voluntary Carbon Market (VCM) Contraction for Second Year in a Row** Today, new research published by Ecosystem Marketplace reveals that the VCM has experienced a significant contraction for the second consecutive year. Despite this overall decline, the findings highlight a complex and maturing market landscape with some segments showing growth while others declined. 🔍 **Key Findings:** - The overall market transaction volume dropped 56% from 2022 to 2023. - Total reported transaction value was $723M USD. - Contributing factors include negative media coverage and buyers pausing investments awaiting guidance from integrity initiatives. While the market faced a slower year compared to the boom in 2021 and 2022, the diverse performance across different project categories reflects the evolving dynamics of voluntary climate action within the private sector. Read more on the latest trends and insights into the VCM's development. 🌍📊 #VCM #CarbonMarket # https://lnkd.in/gziVE_SJ

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✨🌞💫 Carbon Removals are now strongly enshrined within #UNFCCC & Article 6.4! This is exactly the massive cause for celebrations to bring about much needed Hope towards the realization of a technology-agnostic levelling of the playing field in the carbon markets, and just in time for COP29 Azerbaijan! 🌻📡 Other ecosystems such as those at nexus of International Development and Sustainability, can certainly learn much from this approach to aligning sectors, which rather than stifling #Innovation; instead spurs and nurtures #Innovation, through embracing continuous improvement, encouraging excellence, and rewarding technology-agnostic progress. ☘️🚀 Mandulis Energy Verst Carbon Puro.earth Seagrass Palladium: Make It Possible Global Green Growth Institute Carbon Business Council The Integrity Council for the Voluntary Carbon Market (ICVCM) This certainly opens up an exciting conversation around the role of removals in climate resilience & climate change mitigation, especially in nature-anchored emerging economies. 🌳🛰 Next up will be bringing to the mainstream: Digital MRV incorporating IoT & AI. 🌴🛸 Mr. Alfred Okot Okidi David Gonahasa Cecilia Alonyo Melissa Kirabo David Bikhado OFUNGI Nyangena Brian Charles Waweru Patrícia Silva Adolfo Cires Caitlin Sparks Meghan Edge Gabriella Oken Wilbur Carolina Fernandes Fanny Modin Rachel Lee Olivier Van Pee Gulmina A. Malikzade

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Labour’s recent £1bn commitment has put Carbon Capture in the headlines - which is a pretty wide topic. Let’s dive in. 🏊‍♂️ In principle, future-facing investment into new climate technologies should 100% be welcomed… but it depends on what signal it sends to industry and the economy about what the UK thinks is important. Carbon Capture and Storage (CCS) offers an interim solution for tackling the carbon emissions of essential but hard-to-abate industries like steel production, concrete, biogenic CO2 sources from ethanol and biogas production, and treating water and food waste. Because of a lack of action, CCS has a place in today’s economy helping dirty, but essential industries, become as close to carbon neutral as possible. But given Labour's focus on long-term growth, investment should be about creating the UK economy of the future — not keeping the status quo and locking our economy into enduring reliance on fossil fuels. This will take bold action and long-term thinking. For instance, the UK has an opportunity to be the dominant global force in offshore wind, build a future-proofed grid, and super-charge carbon-negative technologies such as DAC to return carbon atoms from the atmosphere to the geological formations they originally came from. I’d love to see more on these fronts. Before you jump me - let’s state the obvious: we also need to insulate homes, rewild our environment and maximise biodiversity. Everyone should eventually have a heat pump and drive electric cars. There is no silver bullet to climate change. Announcements like this must not be used as an excuse for the energy sector to delay the adoption of available decarbonisation technologies, despite the challenges they may present. We risk the latter if investment and policy focuses on singular solutions that do not force our industry and economy to evolve for the better - never mind that it’s the right thing to do for our kids. Just sayin’ https://lnkd.in/eMvfp9Ez Mission Zero Technologies #dac #pointsource #decarbonisation #labour #carbon #uk #billion #climate #climatechange #CarbonCapture #ClimatePolicy #Sustainability #NetZero #DirectAirCapture #LabourConference2024

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The 2024 IEA World Energy Outlook is the definitive guide to what’s happening in energy markets and the green transition. Here are 5 challenges, and 10 reasons to be optimistic, that I took from the report. TL/DR – the transition is happening, it’s just not fast enough yet. Challenges: 1. Geopolitical tensions and fragmentation pose major risks to energy security and coordinated climate action. Known but worth repeating. 2. Despite record clean energy deployment, two-thirds of the increase in global energy demand in 2023 was met by fossil fuels, pushing energy-related CO2 emissions to another record high. We're not moving fast enough. 3. The share of clean energy investment in emerging market and developing economies outside of China remains low at only 15%, despite these economies accounting for two-thirds of the global population. 4. Progress on energy efficiency improvements and methane emissions reduction from fossil fuel operations is lagging, with abatement efforts being patchy and uneven. Critical because of the opportunity in both for high carbon / high cost saving wins. 5. Achieving universal energy access by 2030 requires significant investment scaling, with current levels far below the needed USD 55 billion annually. For a just and fair transition this needs to change. Reasons to be Optimistic: 1. Clean energy meets virtually all growth in energy demand in aggregate between 2023 and 2035, leading to an overall peak in demand for all three fossil fuels before 2030. It's close... 2. Electric vehicle adoption is accelerating despite what you might have read! EVs are projected to make up nearly 50% of new car sales by 2030. 3. From 2023 to 2030, growth of clean power sources outpaces electricity demand growth globally by a sizeable margin. 4. Battery technologies are advancing and cell prices have dropped to below $80 per kilowatt-hour in 2024. There are other things going on but the trend is clear. 5. Tried and tested technologies are available to deliver major reductions in methane emissions from fossil fuel operations, with increased international attention on this issue following COP28. We know what to do, we're just not doing it... 6. Renewable energy capacity is expanding rapidly, with over 560 GW added in 2023 alone. 7. Solar manufacturing capacity now exceeds 1,100 GW per year, creating potential for even faster deployment. These numbers are huge. 8. Ample clean energy manufacturing capacity creates scope for faster transitions that move towards alignment with national and global net zero goals. 9. The contours of a new, more electrified energy system are becoming increasingly evident, with electricity demand growing at twice the pace of overall energy demand over the last decade. 10. There's growing recognition of the multiple benefits of clean energy investment, including improved air quality, reduced water use, and job creation. We don't tell this good news story enough. Strongly recommend a read on the IEA's website.

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Very excited to share my latest piece in Forbes - "Adaptation and resilience in corporate climate agendas" If any of the below resonates, esp. with those working on adaptation + resilience and/or corporate climate + sustainability - our team at Riffle Ventures would love to hear from you! Main idea - climate adaptation and resilience can be an innovation driver for companies and we need to accelerate this agenda. 🏭 Most discussions around corporations and their climate agendas focus on if, how, and how quickly, big businesses are reducing their greenhouse gas emissions, as well as decreasing their own negative externalities on the natural environment. 💰 However, in parallel climate change is creating growing financial, infrastructure, health and other risks that could disrupt large companies, some of which is already happening. While the tools and strategies for decarbonization are fairly well-covered, we are only scratching the surface when it comes to building resilience and adapting to a warming planet. 🈺 Of course, emissions and corporate sustainability targets need urgent attention and commitment, but in parallel we need to make sure companies writ large are adapting to and building resilience against climate risks - e.g. droughts, floods, fires, grid instability and weakening infrastructure - are all a growing reality on a warming planet. 🆘 Corporations, regardless of industry and geography will require support across the board in navigating climate change's most pressing threats. The risk of not doing so could have near-term, material impacts on protecting critical infrastructure as well as access to necessary products and services - food and medicine - and could also negatively impact human's themselves - heat stress, job loss, etc. 🤖 There is a growing technology solution set focusing on climate adaptation and resilience, and we need to bridge the gap between between these climate tech startups and the corporate sector. In turn, corporations can have an enormous impact in helping to scale climate innovations and bolster the surrounding ecosystem. Many thanks to Jackie Roberts for providing time and insight for the article, Dhruv Jesrani for being the design wizard and to Suma Reddy Connie Bowen Abrar Chaudhury Alhan Fakhr Laith Kawar Madeleine Futterman Emmanuelle Palikuca Omar Saif Andrew Chang Hope Petraro Tom K. Deepa Lounsbury for their guidance along the way while we did the research for this, and for Dahna Goldstein for being the connection to Jackie! #ClimateAction #SustainableBusiness #CorporateResponsibility #SustainabilityGoals #ClimateLeadership #CorporateSustainability #SustainableDevelopment #ClimateInnovation #ClimateChangeAdaptation #ResilienceStrategies #SustainableSolutions #ClimateResilience #BuildingResilience #ClimateChangeResponse #AdaptationStrategies

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🍂 September 2024 Carbon Market Wrap Up Summer break is clearly over! There's strong urgency from large buyers securing long-term, high-quality carbon credits and regulators advancing standards. Major transactions and policy signals reflect international commitments to expanding the climate market. 🌱 Landmark Transactions: 🔹 Google enters nature-based markets with its first-ever purchase of nature-based carbon removal credits through Brazil-based developer MOMBAK, a key step in ramping up its focus on nature-based solutions. 🔹 Microsoft supports further nature and engineered carbon removal projects, purchasing 234,000 credits from a Mexican rainforest restoration project and 25,000 credits through Arbor’s BECCS platform. 🔹 Meta purchased a massive 39 million carbon credits from Latin America, following Microsoft’s earlier purchase from BTG Pactual’s TIG. 🔹 Changan Ford, a joint venture between Ford Motor Company and Changan Automobile, retired carbon credits for the first time, joining the ranks of carmakers like Toyota, Volkswagen, and BMW. 🔹 British Airways committed to purchase carbon removal credits from UK developer UNDO alongside financing from Standard Chartered. This was quickly followed-up buy a forward purchase by Microsoft from the same project as part of three forays Microsoft made into ERW last month . ✅ Regulatory Signals: 🔸 The United Nations Pact for the Future was an apt outcome from the general assembly happening alongside NY Climate Week, which amongst other things enshrined the phase out of fossil fuels as basic norm. 🔸 China plans to expand its Emissions Trading Scheme to include heavy emitters like steel, cement, and aluminium. This move is expected to drive demand for project-based offsets, adding 3 billion tonnes of carbon emissions to pricing annually. 🔸 Indonesia's President-elect launched a green economy fund targeting $65 billion by 2028 through carbon credit sales—a key step given its high potential for carbon sequestration and high deforestation rates. 🔸 Switzerland Continues Contracting Under Art.6: Switzerland agreed to buy Article 6 credits from a Ghana-based biogas project, highlighting ongoing momentum in bilateral cooperation. ⚖️ Evolving Standards: 🔹 Both SBTI and VCMI launch reviews of use of carbon credits against Scope 3 emissions, grabbing significant attention. This comes in response to both increasing corporate Net Zero commitments (reaching 45% of Fortune 500) and increasing breadth of carbon credit buyers, but falling claims under SBTi. 📊 Retirements data: Retirements are keeping pace from last month as we get towards to typically busier late Q4 and Q1 retirements season as corporates complete annual emissions assessments and look to address residual emissions for the year. Below is our market wrap-up graph showing cumulative carbon credit retirements YTD vs. the same period last year. 👇 #carbonmarkets #carbonoffsetting #carboncredits #voluntarycarbonmarkets

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🌟 Rockstart recently invested in BCHAR and here's why: 🌋 2 billion tonnes of agricultural waste is estimated to be produced every year. This waste is a massive contributor of CO2 emissions, and often hidden within scope 3 emissions of many products we use each day. Corporations could soon be held accountable for these scope 3 emissions. ⛰️ Much of the agri waste is organic matter. A potential solution is to slowly bake the organic waste to make a carbon rich char, called biochar, locking in carbon. The biochar can be applied to soil to improve structure, aeration, water retention and improves root development and habitat for beneficial microbes - thus improving soil health and long term carbon storage. 🏔️ BCHAR is revolutionizing carbon removal with their fully autonomous system that transforms agricultural waste into biochar, allowing corporations to have on-site biochar production at point of waste. Their integrated solution automates every production stage, making it simple to convert waste into value while enabling transparent carbon removal credit creation. 👥 The founding team Darius E. Stulz, Stefan M. Kaspar, and Josh Shao stood out to us thanks to their combination of vision and engineering excellence - having worked together on complex engineering challenges during their studies such as the Hyperloop and XPrize Carbon Removal projects. 🌱 All this contributes towards Rockstart's AgriFood impact goals and our "Regenerative and Future Proof" investment thesis 🚀 Welcome aboard, BCHAR! We are delighted to be working together :) ✨ Interested in joining us? Learn more about Rockstart AgriFood: https://brnw.ch/21wMQDv #biochar #impact #agritech #regenerative

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A fascinating categorization of #CDR in an article exploring the "#CDR #emissions gap" in the latest edition of Nature Climate Change: > Conventional CDR on land: This includes #afforestation, in which trees are planted when previously there were none, and #reforestation, which means restoring areas where the trees have been cut down or degraded. > Novel CDR: This includes all CDR methods that are not based on #forestry and #landuse change, such as #biochar, #directaircapture (#DAC) and #bioenergy with #carboncapture and storage (BECCS). I understand this grouping, but I would argue that categorizing #CDR by Engineered Solution and #NatureBased solution might be more telling. I suspect it allows a more accurate assessment of scalability and #CarbonInvestmentEfficiency (#CIE). https://lnkd.in/gzTdydN3

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US Carbon Market Principles: A Critical Take 🔍 The new principles for voluntary carbon markets by the US Administration have been well received. But beyond the applause, what do these guidelines really mean? Where do they shine and where do they fall short? Here’s my take: Why it matters: 💠 The largest corporate buyers are in the US. 💠 Fortune 500: $46.4 trillion market cap, with 65% US-based—significant clout for driving climate action. Where it exceeds expectations: ✅ "High-Integrity" Markets: Strong focus on transparency and accountability to combat greenwashing. ✅ Comprehensive Approach: Emphasizes the need for both avoidance and removals, highlighting the urgency of scaling nature-based solutions and fostering tech innovation. ✅ Robust Verification: Calls for stringent verification to ensure credits represent real emission reductions. ✅ Inclusivity and Equity: Involves local communities and indigenous groups, ensuring benefits for those most affected by climate change. Where it falls short: ❔ Economic Impact: Optimistic about job creation and innovation but lacks specifics on implementation. ❔ Detail Deficiency: Strong on principles, but needs more on enforcement and monitoring. ❔ Global Leadership: Positions the US as a leader but lacks emphasis on international collaboration and setting global standards. Overall, the guidelines are strong on integrity and inclusivity but need more detail on enforcement and global cooperation. I’ll be posting more on where we go from here tomorrow. 👉🏼 Follow my profile for part 2 and more posts on carbon markets and natural capital investing. Read the full fact sheet from The White House below: https://lnkd.in/ghKfRV4A #voluntarycarbonmarkets #naturalcapital #carboncredits

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Perhaps the world is waking up and realising that no carbon credit is as important and valuable for our planet as a REDD+ credit. The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved three REDD+ methodologies, as high-integrity Now all we need is for bodies like Verra to stop overreacting to negative press (you cannot appease anti-market fundamentalists, or academics funded by oil countries), stop overreaching (stick to the science, no need for arbitrary virtue-signaling changes), and start realising that project developers are their customers, and that customer service (including timeliness) is extremely important. Demand is going to take off in the next years, as thousands of large firms approach the 2030 deadline for their NetZero pledges. (High quality) REDD+ will be key.

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Boston, USA based Clean Energy Ventures (“CEV”) recently closed an oversubscribed second flagship fund. 💸 Total capital commitments of $305 million for Fund II. CEV now works alongside more than 70 strategic co-investors, and is backed by LPs including Carbon Equity, The Grantham Foundation for the Protection of the Environment, Builders Vision, and New Summit Investments. 💡 Early-stage climate innovations spanning #mobility, #renewableenergy, carbon capture utilization and storage, #energystorage, critical minerals, and more. Each investment must be capable of mitigating at least 2.5 gigatons of CO2e emissions cumulatively between the initial investment and 2050. 🌍 #NorthAmerica #Europe and #Israel 📈 Founded in 2017, CEV now holds more than $415 million in assets under management and has funded exciting companies including Noon Energy, Evari, NitroFix and OXCCU TECH LTD within Fund II. 💭 “As we look to scale decarbonization technologies globally, we're doubling down on our thesis to invest in novel hardware-oriented climate-saving technologies with the potential to bring outsized emissions reductions and top-tier financial returns." - Temple Fennell, Co-Founder and Managing Partner at Clean Energy Ventures 🗞️PR Newswire https://lnkd.in/eZJp-cku 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Temple I Daniel I David I Micha I Ted I Yi I Shanbor I Wynston I Louis I Peter I Saurabh I Elizabeth I Victoria I Jeffrey I Team CEV … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #usa #entrepreneurship #technology #innovation #Energy #venture #fund

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