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  • 07 Feb 2023 6:54 PM | Anonymous member (Administrator)

    GENEVA (February 7) – IETA today announced the publication of a comprehensive set of standardised Emission Reduction Purchase Agreements (ERPAs) relating to the sale and purchase of carbon credits from reduction and removal projects.

    The trade documentation includes a primary ERPA and a contingent secondary ERPA, and is intended to provide a minimum benchmark for transacting emissions reduction and removal credits by including basic provisions relating to the transaction of such credits. Options for addressing the risks entailed are outlined in an accompanying guidance document.

    The documents and guidance can be found on the IETA website:

    Primary ERPA v1.0

    Contingent Secondary ERPA v1.0

    “The new documentation represents a step forward in standardisation for voluntary and compliance carbon markets,” said Dirk Forrister, CEO of IETA.

    “While initiatives like the Integrity Council for the Voluntary Carbon market are working to establish a new threshold standard for carbon credits, these new trading documents will help develop transparent and reliable legal structures for the trade in carbon credits.”

    The new documents represent part of a wider IETA effort to update trade documentation including for secondary market transactions in collaboration with other trade organisations.

    Since its foundation in 1999, IETA has promoted carbon trading across the world by informing, advising and helping create the concepts and tools to make efficient and effective market mechanisms a reality. IETA has spearheaded the development of trade documentation since it launched the first Emissions Trading Master Agreement for the EU ETS in 2005.


  • 26 Jan 2023 4:07 PM | Anonymous

    The Guardian article published on Jan. 18th (Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows) raises concerns with the methodologies used to calculate carbon dioxide reductions from a number of projects set up to cut emissions by avoiding deforestation and forest degradation (projects typically referred to as REDD+).

    REDD+ is one of the largest, and therefore most prominent, types of carbon reduction project, among thousands that are being implemented round the world as part of a global effort to rein in the growth in greenhouse gases.

    The Guardian’s investigation and article take issue with elements of the methodology and the calculations used to determine emissions reductions.

    IETA has transmitted a letter to the editor of the Guardian responding to the article, while a number of stakeholders including Verra, the offset standard that oversees the methodology, have also published detailed responses to the article and the research on which it relies:

    Everland

    Sylvera

    Respira International

    Space Intelligence

    Sandeep Roy Choudhury

    Verra

    South Pole

    The article cites academics that take issue with highly technical elements of the methodologies used to determine the amount of emissions reductions by projects to generate carbon credits. But many other experts support the current technical elements. The article did not fairly represent the views of both sides.

    Science plays a key role

    Debates among scientists risk being misunderstood and taken out of context by the wider community, with unintended consequences. This is of particular concern when the science is not yet peer reviewed, as is the case of the research that the article heavily relies upon.

    The criticisms of REDD+ methodology also fail to highlight that calculating emissions savings depends on a counterfactual: on estimating what emissions would have been without the project taking place. Analysis has found that a far smaller proportion of projects incorrectly estimates this baseline, than the share claimed by the Guardian.

    The article also fails to acknowledge that the majority of carbon offsetting is carried out in the global South, and that most reductions are enabled through carbon markets.

    One stakeholder writes that “there are countries in the global south who desperately need this last mile finance, a finance that is not a debt, grant or equity, a form of capital which derives itself from a business taking responsibility for their emissions voluntarily as opposed to doing nothing.”

    The net zero goal

    The IPCC’s sixth report highlights the important role that nature-based solutions can play in keeping us on track to meet the net zero goal of the Paris Agreement.

    Achieving the Paris Agreement’s net-zero goal requires the rapid expansion of carbon markets. Carbon credit standards organisations, like Verra, provide the science-based methodologies that drive quality, action and supply within voluntary carbon markets. All new methodologies are open to public consultation, where scientific input is considered – and where critics should present their views.

    The scientific community is working hard to support these standards’ ongoing task of improving the calculation of carbon reductions, raising the integrity and reliability of carbon credits and so enhancing public understanding and trust.

    IETA and ICROA, the Accreditation Programme that also endorses carbon offsetting standards, stand ready to assist in the communication of the benefits of carbon reduction projects and the net-zero transition.

    Methodologies are dynamic

    The methodologies that govern carbon reduction calculations are constantly being reviewed. Verra’s own standard for REDD+ projects has been updated multiple times to reflect changes and improvements in climate science and forest measurement.

    International bodies like the Integrity Council for the Voluntary Carbon Market and the Voluntary Carbon Markets Integrity initiative are tasked with further improving the quality and integrity not just of carbon credits, but in the way they are marketed and used.

    It’s generally accepted that in order to avoid the worst impacts of climate change we must reduce emissions as much as we can, remove as much CO2 from the atmosphere as we can, and offset any remaining unavoidable emissions.

    The reduction imperative

    But we don’t have the time to wait for all the different new and emerging technologies to be economically scalable – we have to do as much as we can, as soon as we can.

    Reductions are already taking place all over the world. Europe’s emissions trading system has cut CO2 discharges from industry by nearly one-third since 2008. California’s cap-and-trade program is targeting a 40% cut by 2030 compared to 1990 levels, and there are similar systems in place from New Zealand to Canada.

    The voluntary carbon market and the standards that support it have helped to mobilise private action and investment – and can help us all reach the Paris climate goal.

    Download the PDF here.

  • 26 Jan 2023 3:31 PM | Anonymous

    The Guardian article published on 18th January (Revealed: more than 90% of rainforest carbon offsets by biggest provider are worthless, analysis shows) raises concerns with methodologies used to calculate carbon dioxide reductions from a number of projects set up to cut emissions by avoiding deforestation and forest degradation.

    The article cites academics that take issue with highly technical elements of the methodologies used to determine the amount of emissions reductions by projects to generate carbon credits. But many other experts support the current technical elements. The article did not fairly represent the views of both sides.

    Debates among scientists risk being misunderstood and taken out of context by the wider community, with unintended consequences. This is of particular concern when the science is not yet peer reviewed, as is the case of the research that the article heavily relies upon.

    Achieving the Paris Climate Agreement’s net-zero goal requires the rapid expansion of carbon markets. Carbon credit standards organisations, like Verra, provide the science-based methodologies that drive quality, action and supply within voluntary carbon markets. All new methodologies are open to public consultation, where scientific input is considered – and where critics should present their views.

    The voluntary carbon market and the standards that support it have helped to mobilize private action and investment – and can help us all reach the Paris climate goal.

    Dirk Forrister

    President & CEO
    International Emissions Trading Association (IETA)

    Download the PDF here.

  • 22 Dec 2022 4:48 AM | Anonymous member (Administrator)

    GENEVA, 22 December – IETA’s 2022 GHG Market Report tracks the evolution of carbon markets through a series of issue-based articles tackling MRV, policy certainty, decarbonisation in emerging economies, scaling carbon markets, and technological innovations.

    Carbon Markets 3.0 is structured around the first iteration of carbon markets, emerging ones, and the future of the carbon market. Articles include a reflection on the market’s transformation and lessons learned by carbon market pioneer Ken Newcombe, a look at how the EU ETS is reforming for future challenges, how South Korea is using emissions trading to balance a growing population and economy with environmental goals, the carbon pricing landscape in Colombia, and the technology that’s shaping the markets of tomorrow.

    The report also includes The Business of Net Zero, a piece produced with Forbes on how businesses are transforming, and a profile of the Climate Action Data Trust, a blockchain-based data initiative from IETA, the World Bank and the Government of Singapore.

    “This year has seen a wave of innovations to enhance the carbon market’s functioning as the world continues to transition to a net-zero trajectory, while existing markets also work out how they can rise to the challenges ahead,” says IETA President and CEO Dirk Forrister. “All of this is captured in this year’s IETA GHG Market Report.” 

    “The Paris Agreement includes a place for market mechanisms as they are a critical tool to reach our long-term environmental objectives in a cost-effective and efficient way,” he continues. “As technology and science evolves, so too will carbon markets, to ensure they deliver net-zero ambitions and drive the change society needs.”

    Other highlights include the latest on Article 6, Japan’s unique approach to emissions trading, how the voluntary carbon market can be scaled up with integrity, and how China is approaching its data challenges.


  • 07 Dec 2022 9:00 AM | Anonymous member (Administrator)
    • Global open-source metadata system launches to unify carbon credit registry data
    • Founding Partners: IETA, World Bank and Singapore Government announce the CAD Trust Council to provide strategic guidance
    • Major registries will plan to connect during Q1 2023, when the public data layer will go live
    SINGAPORE (7 December 2022) – Today the International Emissions Trading Association (IETA), the World Bank and the Government of Singapore announced the launch of the Climate Action Data Trust (CAD Trust), and that initial integration and connection with several major registries is underway.

    The CAD Trust Founding Partners also announced the governance structure and the composition of the CAD Trust Council that will advise and guide the initiative by setting its strategic direction.

    CAD Trust was formed by three Founding Partners, IETA, the World Bank and the Singapore Government. It will engage with a variety of governments and public and private organisations to set the specifications for an open-source metadata system to share information about carbon credits and projects across digital platforms, easing future integration of multiple registry systems.

    Major registries, along with other national registries and the wider ecosystem of registries will plan to connect to CAD Trust in early 2023, with the first layer of data to be made publicly available at that point. Many of these registries are already represented via the CAD Trust Council, with integration into the data layer already underway for several of them.

    Dirk Forrister, President and CEO, IETA, said: “Today’s launch of the CAD Trust marks a significant step in the evolution of carbon markets. It will lead to the creation of a centralised, accessible and secure digital infrastructure that national governments and private businesses can rely upon as they expand carbon markets to meet their net-zero goals. This system will provide the integrity and public trust necessary for scaling up investment in climate action.”

    The Founding Partners also announced the CAD Trust Council that will work closely with the initiative.  CAD Trust is an independent entity headquartered in Singapore. To give it strategic direction and ensure it remains successful in its goals, the Council will give advice and recommendations to the Board of Directors that is responsible for the operations of CAD Trust.

    The Council consists of national representatives from Bhutan, Chile, Japan, Senegal, Singapore and the United Kingdom, and registry representatives from Verra, Gold Standard, American Carbon Registry and Global Carbon Council. Full biographies of the individuals can be found here: https://climateactiondata.org/about/

    Chandra Shekhar Sinha, Adviser, Climate Change Group at the World Bank added: “There was a clear message coming out of COP27 last month that countries need functioning market infrastructure for carbon markets to achieve their climate goals. We hope that CAD Trust becomes a critically important source of data by connecting registry systems of the voluntary and compliance carbon markets to bolster transparency and accountability in these markets to meet corporate needs and to further the implementation of the nationally determined contributions that sit at the heart of the Paris Agreement.”

    High-integrity carbon markets are needed to support collective efforts to advance global climate action. CAD Trust will enable greater interoperability amongst registries within carbon markets to ensure transparency, accuracy, and consistency in the tracking and reporting of carbon credit use. CAD Trust is one of the initiatives that Singapore is supporting to facilitate international climate change cooperation amongst countries and stakeholders under Article 6, to mobilise efforts toward achieving the Paris Agreement goals,” said Benedict Chia, Director-General (Climate Change), National Climate Change Secretariat of Singapore
     
    CAD Trust uses distributed ledger technology to bring together decentralised carbon crediting records to guard against double counting, increase trust in carbon data and enhance climate ambition. CAD Trust is the culmination of three years’ work, prototyping a series of simulations of carbon data aggregation and access with partners including governments, registries and other organisations. It evolved out of the Climate Warehouse, an initiative launched and managed by the World Bank.
     
    ENDS
     
    ABOUT CAD TRUST
    Climate Action Data Trust (CAD Trust) is a joint initiative of the International Emissions Trading Association, the World Bank and the Singapore Government, along with a variety of governments and public and private organisations. It will provide an open-source metadata system to share information about carbon credits and projects across digital platforms, easing future integration of multiple registry systems. CAD Trust uses distributed ledger technology to create a decentralised record with the aim to avoid double counting, increase trust in carbon data and enhance climate ambition.

    The CAD Trust is an independent entity domiciled in Singapore.
    Visit https://climateactiondata.org/ for more information.
     
    MEDIA CONTACTS:
     
    Lukasz Biernacki
    Director of Communications, VCM Initiatives, IETA
    biernacki@ieta.org
     
    Elizabeth Yeong and Joyce Chin
    Cognito
    IETA@cognitomedia.com


  • 06 Dec 2022 7:48 AM | Anonymous member (Administrator)

    GENEVA (6 December) – IETA today announces the release of its High-Level Criteria for Carbon Geostorage Activities, a set of principles to govern the development of tradable reductions and removals using technology-based carbon sink enhancements that can assume a major role in achieving the net zero goal of the Paris Agreement.

    IETA has carried out a year-long consultation with business stakeholders, and a series of expert workshops, to develop a set of principles that will guide developers, investors and host countries in ensuring that carbon geostorage projects deliver real, permanent and verifiable reductions and removals. This in turn would smooth the path for wide-scale investment in this suite of vital technologies to deliver significant climate mitigation.

    The High-Level Criteria are built upon existing methodologies for geostorage projects that have been or are being drawn up by the United Nations’ Clean Development Mechanism, the Global Carbon Council and the American Carbon Registry, as well as the carbon storage protocols developed by ISO TC265. The criteria also align with the rules and methods that countries will follow in tracking their actions in pursuit of NDCs.

    The criteria provide recommendations for both methodological design and the regulatory safeguards that can underpin safe, secure and permanent deployment of the technology. Key checkpoints and other examples of supporting information are provided throughout. 

    The High-Level Criteria cover six methodological components and 10 key safeguards as follows:

    METHODOLOGICAL DESIGN

    • Applicability conditions
    • Project boundary & leakage
    • Baseline
    • Additionality
    • Non-permanence & liability
    • Monitoring

    REGULATORY SAFEGUARDS

    • Political acceptability
    • Significant and cost-effective for national climate mitigation
    • Aligned with national development priorities and policy aims
    • Public acceptance
    • Legal and regulatory framework for safe storage
    • Legal basis for injection and storage
    • Effective site selection and development
    • Robust oversight of site operation and closure 
    • Liability for carbon reversal
    • Environmental and social safeguards 
    • Risk and safety assessment
    • Environmental and social impacts
    • Sustainability

    The world’s most credible deep decarbonisation studies point to CCUS and technological carbon removals offering a critical role in  smoothing and achieving net zero outcomes. 

    The International Energy Agency estimates that in 2050, 7.2 gigatonnes (Gt) of CO2 need to be captured and geologically stored to achieve global net zero emissions. 

    IETA’s own pathways to net zero indicate that up to 16 GtCO2 of geological storage may be needed in 2050 to achieve net zero, with trading playing an increasingly important role in supporting deployment of the technology.

    Furthermore, the Intergovernmental Panel on Climate Change also recently affirmed the critical importance of carbon removal solutions such as bioenergy with CCS (BECCS) and direct air capture with geological storage (DACCS) in meeting the Paris Agreement’s temperature goals.

    The full set of criteria can be found here.


  • 17 Nov 2022 11:54 AM | Anonymous member (Administrator)

    GENEVA, 17 November - At its Annual General Meeting on November 14, the International Emissions Trading Association (IETA) elected a slate of Council members to serve for the coming two years. 

    The AGM re-elected eight Council members for a two-year term:


    Paul Dawson, RWE Supply and Trading

    Lisa DeMarco, Resilient LLP

    Belinda Ellington, Citibank

    Mary Grady, American Carbon Registry

    Abyd Karmali OBE, Bank of America

    Ingrid Parramon, BP

    Rick Saines ONM, Pollination Group

    Jonathan Shopley, Climate Impact Partners

    The meeting also elected one new Council member, Kerry Liebenberg of Linklaters. Kerry replaces David Hone of Shell, who has stepped down after many years of service.

    Further information on IETA’s governance can be found on our website.

  • 01 Nov 2022 11:18 PM | Anonymous

    ITN Business, IETA and ICROA produce news-style programme exploring best practices and innovations on the road to net zero

    Download the PDF version here

    Geneva / London, 02 November 2022

    Reducing greenhouse gas emissions is vital to fighting climate change and the race is on to reach the Paris Agreement’s target of zero emissions by 2050. In the lead up to COP27, the International Emissions Trading Association (IETA), International Carbon Reduction and Offset Alliance (ICROA) and ITN Business have produced a news-style programme, ‘Net Zero: The Integrity Pathway’, showcasing best practices and innovative solutions in carbon reduction and offsetting.

    The programme explores the advances in technology and increase in innovative products and services that are helping companies take huge steps towards achieving their sustainability goals. ‘Net Zero: The Integrity Pathway’ also explores the regulation of what is now a billion-dollar industry, looking at accreditation programmes and speaking to the organisations that are ensuring best practice in the carbon offsetting space.

    Anchored by presenter Clare Nasir, the programme features an interview with Andrea Abrahams, the Managing Director of ICROA, an initiative housed within IETA which promotes best practice when it comes to high quality emissions reductions and the use of carbon credits.  The programme also takes a closer look at the ICROA Accreditation Programme.

    ‘Net Zero: The Integrity Pathway’ also includes a special news report from Singapore, looking at how IETA and the World Bank are working together to further enhance transparency and environmental integrity of carbon credit transactions, through a decentralised metadata platform built on blockchain technology.

    Hosted on IETA.org and newscientist.com, the programme also features reporter-led sponsored editorial profiles from the following organisations. 

    • Abatable – discuss how they are helping companies build credible climate strategies and offset their hard to abate emissions
    • Anew Climate – share how five Metis communities in Canada have come together to help preserve their forests and future proof their livelihoods with Anew’s assistance
    • ClearBlue Markets – demonstrate how they are using their experience and expertise to aid clients make conscious and educated choices about their carbon markets portfolio and businesses
    • C-Quest Capital – founder and CEO Ken Newcombe shares insights on how CQC are working towards a climate-resilient future, where sustainable alternatives are the norm
    • Everland – share how they are connecting communities and corporations in a common cause to generate financial support for the protection of forests, wildlife and people of Cambodia under extreme threats of deforestation
    • Evident – discuss how they are working towards a future where you could know if the products on sale are made from materials certified as Green and ethically sourced
    • Global Carbon Council – explain how they are facilitating the issuance of high integrity global carbon offsets, aiding organisations to meet their goals
    • Incubex – share how they are developing exchange-traded products and digital platforms, that allow companies to meet compliance mandates set by governments
    • KliK Foundation – explain how they are pioneering the international carbon market by developing the first emission reduction programmes under Article 6 of the Paris Climate Agreement  
    • NuSeed – demonstrate how Nuseed Carinata reduces emissions, by replacing fossil fuels, removing carbon from the air as it grows and restoring it to the soil through its extensive root system
    • Pachama – share how they are using innovative satellite-based technology to find the world’s best forest carbon projects, to start an entirely new generation of high quality, low risk forest projects from the ground up
    • PWC – explain how they are not only committed to their own net zero agenda, but are helping businesses put their own pledges into action and ensure the transition to a green economy is done in a fair and equitable way
    • S&P Global – with exchange trading and daily assessed pricing now the norm, the Commodity Insights team at S&P Global are creating assessments, believing transparency is key to the market achieving its full potential
    • SSE - Through innovation and collaboration, SSE are setting their goals high, working towards the possibility of becoming the UK’s leading renewables business
    • Verra – share how their Verified Carbon Standard Programme is the leading standard for land-based projects, ensuring their credibility and integrity. An animation also demonstrates how under the programme, projects are rigorously monitored and audited before they receive the seal of approval.

    Dirk Forrister, President and CEO of IETA said: "IETA is excited to once again join forces with ITN Business to produce a series of informative programmes demonstrating how IETA's membership is rising to the net zero emissions challenge. Last week's UN Climate Change report underlines the urgency for more and quicker action. IETA will continue to play its part to work with countries and companies to achieve their net zero aspirations".

    Nina Harrison-Bell, Head of ITN Business said: “As the most pressing issue of our time, ITN Business are proud to be launching this programme alongside IETA and ICROA, educating companies on best practices in corporate GHG mitigation. In order to reach the net zero targets set out in the Paris Agreement, it’s a subject that cannot be talked about enough if we want to have any chance of saving our planet for the generations to come.”

    Supported by a communications campaign targeting various carbon market participants and a digital campaign surfacing the content to the New Scientist audience, the programme will launch on 2nd November 2022 and will also be shown at COP27 in Egypt. 

    For more information, contact Nina Harrison-Bell on Nina.Harrison-Bell@itn.co.uk

    -----

    About IETA 

    The International Emissions Trading Association (IETA) is a non-profit business organisation created in June 1999 to establish a functional international framework for trading in greenhouse gas emission reductions. Members include leading international companies from across the carbon trading cycle. IETA members seek to develop an emissions trading regime that results in real and verifiable greenhouse gas emission reductions, while balancing economic efficiency with environmental integrity and social equity. For more information visit www.ieta.org

    About ICROA

    The ICROA Accreditation Programme defines and promotes best practice in the financing of high-quality emissions reductions and use of carbon credits as an effective carbon management tool. The Programme is open to all organisations who provide a carbon offsetting service. ICROA accredited organisations may use the ICROA Accreditation Label.

    About ITN Business

    Building on its decades of experience in B2B and corporate communications, ITN Business works with organisations, businesses, and brands to create a deeper, more authentic connection with their people, customers, partners, investors, or the wider world. Industry News is our broadcast news-style programming and bespoke digital campaigns for sectors, charities, and industries, sharing stories of innovation, best practice and thought leadership, to connect with the audiences that matter to our clients, and to ensure longer-term impact. For more information visit: business.itn.co.uk

  • 26 Oct 2022 12:02 AM | Anonymous

    The World Bank, IETA and the Singapore Government Connect Carbon Markets Through Open Data

     

    SINGAPORE (26 October 2022) – The International Emissions Trading Association (IETA) today revealed information on the forthcoming launch of Climate Action Data Trust (CAD Trust), a decentralised metadata system that can link, aggregate and harmonise all major carbon market registry data.

    Climate Action Data Trust (CAD Trust) is a joint initiative of the International Emissions Trading Association, The World Bank and the Singapore government, along with a variety of governments and public and private organisations. It will provide an open-source metadata system to share information about carbon credits and projects across digital platforms, easing future integration of multiple registry systems. CAD Trust uses distributed ledger technology to create a decentralised record with the aim to avoid double counting, increase trust in carbon data and enhance climate ambition.

    Many countries and companies intend to use carbon markets to deliver their contributions to the Paris Climate Agreement. IETA’s review of the latest updates to Nationally Determined Contributions shows that about 80% are interested in using Article 6 trading provisions to meet their goals. To use Article 6, countries must track and report on use of international credits through a registry system. The CAD Trust system will assist in promoting high-integrity systems and digital linkages. 

    The CAD Trust platform will go live in early December, when the public metadata layer will be widely available through https://climateactiondata.org. CAD Trust evolved out of the Climate Warehouse, an initiative launched by the World Bank. For the past three years, the initiative has prototyped a series of simulations of the data system with partner governments, carbon crediting programmes and other organisations. The final prototype ended in August and work is now underway to prepare the data layer to go live.

    Dirk Forrister, President and CEO, IETA, said: “Today’s carbon markets are complex and fragmented, yet they hold the potential for enabling countries and companies to achieve net-zero climate goals. We gathered inputs from many IETA members who took part in Climate Warehouse consultations. They helped us identify the governance functions of the Data Trust that could accelerate work on the common data specifications for future digital registry systems. The resulting Climate Action Data Trust will serve as a public good, providing an accessible, decentralised and secure digital infrastructure that can be used by all participants in carbon markets – acting as an invaluable tool for market communication, trust and transparency.”

    Chandra Shekhar Sinha, Lead Financial Specialist at the World Bank said: “Carbon markets can help countries to meet their climate goals but only if reductions are real and credible. Climate Action Data Trust is an important step towards solving the challenge of standardising and interconnecting carbon market registry systems. Article 6 reporting is going to be an important challenge for our client countries so the idea of building these systems linked to the registry and to the MRV systems will help with the reports that need to be provided for Article 6 and drives transparency in the market.”

    “Carbon markets are critical to mobilise collective efforts to advance global climate action towards Paris Agreement goals. Climate Action Data Trust will put in place key building blocks to operationalise the Article 6 rules on transparency, tracking and reporting adopted at COP26 last year. This is one of the initiatives that Singapore is supporting to advance global climate action,” said Benedict Chia, Director-General (Climate Change), National Climate Change Secretariat of Singapore.

    The Climate Action Data Trust will be an independent entity domiciled in Singapore. It is led by the Council that consists of government representatives and major carbon registries. Climate Action Data Trust will release more details about how it works, its governing bodies and their members in December. The official launch is planned to take place at the Asia Climate Summit 7-8 December in Singapore.

    Media Contact:

    Lukasz Biernacki
    Director of Communications, VCM Initiatives, IETA
    biernacki@ieta.org

    Jon Schubin
    Cognito
    IETA@cognitomedia.com


  • 12 Oct 2022 5:31 AM | Anonymous member (Administrator)

    GENEVA, 12 October – IETA is excited to announce the publication of its first collaboration with Forbes magazine, featured in its latest Forbes 400 issue.  

    The business of net zero looks at what it actually means to reach net zero, why this goal is important, and the different pathways for businesses to achieve net-zero emissions from their operations. Written by experienced freelance journalist Mythili Sampathkumar, the article examines the role of nature-based solutions, projects which deliver more than just emissions reductions, technologies needed for the future, and the importance of flexibility and collaboration.

    “The partnership with Forbes allows IETA to get our message about net zero ambition and why it is good business in front of a new audience, including many C-suite executives,” says Dirk Forrister, CEO & President of IETA.

    “Momentum from the private sector keeps growing, and we welcome any new partners on the race to net zero. Reaching that goal will need a system-wide change in how we do business, so the sooner more organisations join us, the quicker and cheaper it will be to decarbonise.”

    Publication of the section was supported by C-Quest Capital, Drax, Carbonext, Chevron, Ecosphere+, Chia, Vertree and AirCarbon Exchange. The full article is available on the IETA website.


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