About

Enric is the Global Head of Environmental Products at Mercuria. He leads a global team covering a wide range of environmental products both in compliance and voluntary markets. The Environmental Products team manages carbon pricing for customers and helps develop carbon emission reduction and removal projects across the world. Prior to joining Mercuria, Enric was heading Low Carbon Trading in bp. Enric has been active in environmental markets since 2005 when he joined EcoSecurities. Enric holds a Bachelor’s degree in Economics, a Master in Finance by London Business School and speaks four languages.

Mary Grady is President and CEO of Environmental Resources Trust (ERT), a wholly owned nonprofit subsidiary of Winrock International. She has been active in environmental markets for 30 years including 15 years at Winrock where she serves as the Executive Director of ACR, responsible for the strategic leadership of ACR’s operations in global regulated and voluntary carbon markets, and as the Executive Director of the Architecture for REDD+ Transactions (ART). Mary secured approval of both ACR and ART to supply credits to ICAO’s CORSIA. She leads Winrock’s delegation to the UNFCCC and serves as Vice-Chair of the Board of IETA. Prior to working in carbon markets, Mary worked for 16 years in the renewable energy industry.

Federico is the Managing Director for Asia Pacific at ACT Group and a board member at CAD Trust.

With ACT, a leading provider of market-based sustainability solutions, he initially led activities in Southern Europe and later expanded his role to support new business development initiatives for the Group. In March 2017, he became the Managing Director at ACT Financial Solutions, establishing the investment entity, now holding a financial license in 28 countries. Relocating to Singapore in April 2022, Federico spearheads ACT’s APAC expansion, overseeing strategy and operations to meet the region’s growing sustainability needs.

Kavita Ahluwalia is Senior Vice President Governmental Relations International at Uniper. She previously held several positions in the company, having joined its predecessor E.ON ahead of the spin-off in 2016. No stranger to European policy making, she has worked for the likes of E3G (NGO) and Burson-Marsteller (now Burson), as a Parliamentary Assistant to Avril Doyle MEP (EPP;IE) and within the European Commission. She assisted Doyle in her work as Rapporteur for the EU Emissions Trading Directive Review in 2008/09 and also worked as an intern and contractual agent in the then Climate Directorate of DG Environment (now CLIMA) at the European Commission.

Kavita holds an M.Econ.Sc. in European Economic and Public Affairs, as well as a Bachelor of Business and Legal Studies (BBLS) both from University College Dublin (UCD). A British and Irish National, born and raised in Germany, she is bilingual in German and English.

Aside from sitting on the IETA Council, Kavita also serves as Co-Chair in IETA’s EU Working Group.

Sandeep serves as a Co-founder and Director at VNV Advisory Services, a social enterprise based in the global south working on community owned nature based removals, sustainable farming for small holders and rural energy access. His on ground work encompasses around 7 million rural households in over 17 countries in Asia and Africa. He has been working for the past 18 years in using market mechanisms and carbon finance to fund sustainable development activities and serves on the board of several NGOs and social organisations as well as on carbon market initiatives such as ICROA and VCMI. He is a Salzburg global fellow, an avid follower of tennis, and a fan of fiction reads.

Leveraging 20 years of experience and a proven track record in the financial services industry, Ms. Durschinger founded Terra Global Capital in 2006 to attract private sector capital to nature-based solutions. Ms. Durschinger is recognized as a pioneer and innovator in alignment of development values and financially viable approaches to sustainable landscape management.  Terra is a global leader in nature-based solutions program development, greenhouse gas quantification and community-based business model development, by providing technical expertise and investment capital to a global client base of governments, NGOs, and private companies in a collaborative and participatory manner. Under Durschinger’sleadership Terra has financed numerous commercially viable sustainable landscape management programs, launched an investment fund that provides climate finance to the nature-based solutions sector in the global south. Prior to Terra, Ms. Durschinger held senior management positions in the areas of derivatives trading, investment management, algorithmic trading, risk management, and securities lending. She is a member of the IETA Council and Co-chair Natural Capital Solutions Working Group and has served of numerous standards committees including the Verra VCS Program Advisory Group, REDD+ Social & Environmental Standards Committee, and Verra – VCS JNR Expert Working Group.  Ms. Durschinger and her family make small production olive oil on their farm in Mendocino County. Among her previous employers are JP Morgan, Merrill Lynch, Barclays Global Investors and Charles Schwab.

Lisa DeMarco is a Senior Partner and CEO at Resilient LLP. She is recognised as one of the world’s leading climate change lawyers with over 25 years of experience in all aspects of climate change and clean energy law. Lisa regularly advises on renewable power project development, energy storage projects, sustainable and climate finance transactions, carbon capture and storage, climate-related financial disclosure, corporate climate risk, ESG, green bonds, and sustainable business strategy. Lisa plays an active role for Fortune 500 companies in corporate ESG, climate change, and transition strategy, target setting, and compliance. Lisa is a director of the boards of the Advanced Energy Centre at MaRS, member and former Chair of the IETA Council, and member of Climate Economy Strategic Council.

Jonathan joined Rio Tinto in 2019 and is the Chief Advisor on Climate Change. He is responsible for Rio Tinto’s climate reporting as well as engagement with investors, civil society groups and others in industry. Jonathan has spent over 25 years in the extractives and consulting sectors focused on the business implications of climate change, policy, scope 3 emissions and offsets. In addition he is a Trustee Director of the Rio Tinto UK pension plan. He has been actively engaged in the UN climate negotiations since COP3 in 1997.

Sheri is the CEO of Climate Impact Partners, driving the company’s mission to deliver high quality solutions through the carbon markets for a net-zero future. With a background in engineering and executive leadership at General Electric and General Motors, Sheri has demonstrated what it takes to grow nascent markets with operational discipline. She has led global teams to commercialize renewable energy projects globally and pioneer autonomous vehicle technology. Now, her focus is on how the carbon markets can scale at pace to deliver greater outcomes for climate, communities, and biodiversity.

She is a celebrated leader, earning accolades such as World Economic Forum’s Young Global Leader, the 2022 European Power List by A Word About Wind, and the 2020 Women in Renewables award. She holds engineering and business degrees from Kettering University, Purdue University, and the University of Michigan and resides in London with her family.

Abyd Karmali is Managing Director, Environmental Business Advisory at Bank of America in London. From 2007-2014, he served as Merrill Lynch’s (subsequently BofAML) Global Head of Carbon Markets. In 2014, he joined the team supporting the bank’s broader capital deployment commitment to mobilise $1.5 trillion in sustainable finance by 2030.

Abyd has worked for more than 30 years on climate change and sustainable finance and was made an Officer of the Most Excellent Order of the British Empire (OBE) in 2019. In 2022, Financial News included Abyd its in inaugural list of “The 50 Most Influential in Sustainable Finance.”

From 2013 to 2015, Abyd served as one of two inaugural private sector representatives to the Board of the UN Green Climate Fund in South Korea. He holds an MS in Technology and Policy from the Massachusetts Institute of Technology.

Emma Mazhari is Vice President, Head of Energy Markets, at A.P. Møller Maersk. Energy Markets acts as the “one face to the market”, with responsibility for securing, optimizing & delivering energy products to the Group to meet customer requirements & energy transition targets.

Emma has more than 20 years’ experience from building and managing energy trading organisations at majors such as BP, EON and RWE and has been involved in environmental markets since the early 2000s. She holds an M.Sc. in Engineering Physics from Lund University, Sweden.

Julie is the General Manager of Decarbonization Strategy in Chevron’s Strategy & Sustainability team. She leads cross-functional teams in setting external and internal incentives for driving a lower carbon future, like GHG targets including net zero aspirations, advancing carbon accounting, developing enterprise climate policy positions, and leading other strategic initiatives. She has been the lead author on five TCFD-aligned Climate Resilience Reports.

Julie joined Chevron to work in environmental markets in 2008 after completing her MBA at the University of Southern California and working in agricultural commodity trading and for the government. She earned her BA in Spanish at University of California, Davis.

Nick Osborne leads the Environmental Products Trading Business for Shell Trading. He has global responsibility for environmental markets in both the compliance and voluntary spaces and runs a geographically diverse team with representation from Brisbane to San Diego. He is an energy trading veteran with more than 20 years’ experience across refined products, crude oil, biofuels, freight, carbon and corporate strategy and has lived and worked in the UK, the Netherlands and the USA. He is a passionate supporter of carbon markets and market development having built the bio-ethanol business for Shell during the mid-2000s.

Shell Trading has been a key participant in carbon markets since 2005 and executed one of the first trades of EU Allowances in the EU Emissions Trading System. Since then, the business has grown in scale, spanning regulated markets in, amongst others, New Zealand, Australia, Singapore, Europe, the USA and Canada. Added to this, Shell has developed a sizable presence in voluntary carbon markets. and adopting the use of carbon credits as part of an avoid/reduce/compensate hierarchy is a key part of the company’s journey to net zero

Ingrid is Vice President of Low Carbon Trading in bp, where she leads a team focussing on both compliance emissions markets and voluntary offset programmes. The Low Carbon trading team develops carbon projects globally and manages carbon pricing for key customers.

Prior to her current role, Ingrid was a distillates trader for 13 years in bp.

Ingrid is a Chemical Engineer, has a Masters in Petroleum Engineering and speaks four languages

Liv is Head of Department in Climate Office, in Norsk Hydro’s Corporate Development Department. The department which defines Hydro’s climate ambitions and its role in decarbonization. Liv has worked with climate related issues within Hydro since 2000, building up the companie’s knowledge centre regarding climate policies and regulations, and being involved in climate regulation policies both nationally and international. including analysing, developing, and advocating for positions both regarding the EU ETS and other relevant global GHG framework.

Liv has many years’ experience from different boards, among them the Norwegian Research Council’s Board for Energy and Industry.

She has over 20 years’ experience from the mandatory and voluntary carbon market and represented Hydro in the board of the World Bank’s Prototype Carbon Fund (the PCF), the first carbon fund under the Kyoto Protocol.

Since 2018, Liv has been a Board Member of IETA, the International Emission Trading Organization.

Before 2020, Liv has working experience from renewable policy and investment, venture capital and corporate finance. Liv is an economist from NHH (the Norwegian School of Economics) in Bergen and has studies in Comparative Politics from the University of Bergen.

Hendrik is responsible for CLP Group’s sustainability-related strategy, reporting and communications. He supports the senior management in ESG risk management and advises on sustainability matters of the Group’s power business in Asia Pacific.

With over 20 years of experience in sustainability and environmental management across sectors, Hendrik previously led research and consulting projects in Canada, Hong Kong and Singapore.

In addition to his role on the IETA Council, Hendrik currently sits on a number of sustainability-related committees, including as Co-Chair of the Sustainability Committee for the Australian Chamber of Commerce in Hong Kong, Environment and Sustainability Committee member of the Hong Kong General Chamber of Commerce, and member of the Hong Kong Institute of Certified Public Accountants Sustainability Committee, amongst others.