Seagrass

Bringing greater flexibility to the forefront of our energy systems is critical to making sure the benefits of a fair and just energy transition are felt by all. Utility-scale energy storage can balance supply and demand on the grid at scale and ensure a steady, reliable and affordable flow of clean energy to customers. 🍃 Except sometimes, the financial incentives can actually spur higher emissions, especially when the system isn’t optimised to charge those batteries when the grid’s carbon intensity is lowest, and instead allow for dirtier energy sources to come online. 🔋 Our partners Seagrass are exploring just how to combine financial and environmental conditions using carbon finance to help scale energy storage – inspiring and rewarding investment in new energy technology for the UK in a way that makes best of renewable sources while at the same time making energy more affordable. 👏 Seagrass’s research aims to provide a comprehensive roadmap for leveraging carbon finance to accelerate the adoption of energy storage technologies. This initiative will not only support E.ON’s decarbonisation objectives but also serve as a model for global efforts to combat climate change. 🌍 The final research will culminate in a whitepaper that will be presented at COP29 in Baku next week. You can read more at https://gloo.to/F5jN

Today at ADIPEC Exhibition and Conference, our CEO Naveed Tariq shared his views on how the carbon markets can help to accelerate decarbonisation. Our key takeaways are here🎙👇: 1) Our global carbon budget is limited 🌍. Simply reaching net zero won’t be enough given the carbon existing in the atmosphere. We have to find realistic ways to compensate for our historic emissions underbelly and continued fossil fuel use through to and post 2050. 2) Compliance markets ⚖ are having a positive impact on mitigation and decarbonisation, e.g., EU ETS. These schemes will need to be further mobilised and, ultimately, converge with the voluntary carbon market with improved standardisation - methodologies, verification, claims, registries, etc. These moves will help accelerate and scale critical technologies and solutions needed for net zero. 3) We need to provide innovative solutions💡that derisk, improve confidence and enhance the experience for offtakers, including financial infrastructure, technologies and contracts. 4) Businesses in the UAE and wider region need to act quickly to prepare and price in carbon given incoming global regulation and the likelihood of domestic carbon schemes 📊. A big thank you to our moderator David Rabley and fellow guests Nick Osborne and Antonio Di Cecca. #ClimateFinance #CarbonFinance #Decarbonisation

The Seagrass team is looking forward to attending #COP29 in Baku, Azerbaijan. We'll be there from 10 - 18 November, joining policy makers, businesses & developers as we look to scale carbon finance in support of NDCs, decarbonisation & critical climate projects. 👇 We need to mobilise all sources of climate finance at US$9 trillion a year through to 2030 vs the annual current rate of US$1.3 trillion, according to Climate Policy Initiative. Trusted and high-integrity carbon markets can help to deliver this catalytic capital, but we need to incentivise investors and help to derisk offtake agreements to get finance flowing. Let's connect in Baku: https://lnkd.in/dgD-eBpb #climatefinance #COP29 #carbonmarkets

As we wrap-up the month, our October Dialogue is now live! This month, we're taking a look at... 📽🤝 Our Solutions – As we approach our first birthday, we’re sharing a new video that recaps our service offering for our global clients. Here at Seagrass, our mission is to help restore the planet and deliver impact via the carbon markets by supporting NDCs; building energy infrastructure & nature-based solutions; and helping businesses meet their sustainability goals. 🌽🐄 Biochar: Building assets from waste – With revenues expected to grow from US$600m last year to US$3.3bn by the end of 2025, we explore the latest market dynamics & opportunities we’re helping to unlock via these CDR credits.   🌍💵📖 The Seagrass Book Club - 10 readers can claim this month’s Audible book for FREE! Last month, during Climate Week in New York, we had the pleasure of hosting Professor Christopher Marquis for a CSO roundtable. So, this month we feature his book ‘The Profiteers’, as he takes a look at how business is both a principle cause of our current climate troubles & perhaps the most vital cure. To get your FREE AUDIBLE, all you have to do is follow Seagrass, subscribe to the Newsletter and fill in the attached form.   🗓 You can also explore where the Seagrass team will be during over Q4, including ADIPEC & COP29.   Press ‘Subscribe’ and sign-up to receive the newsletter directly each month. Comment below to let us know what topics you'd like to feature in November.   #ClimateFinance #CarbonMarkets #WeAreSeagrass

As we wrap-up the month, our October Dialogue is now live! This month, we're taking a look at... 📽🤝 Our Solutions – As we approach our first birthday, we’re sharing a new video that recaps our service offering for our global clients. Here at Seagrass, our mission is to help restore the planet and deliver impact via the carbon markets by supporting NDCs; building energy infrastructure & nature-based solutions; and helping businesses meet their sustainability goals. 🌽🐄 Biochar: Building assets from waste – With revenues expected to grow from US$600m last year to US$3.3bn by the end of 2025, we explore the latest market dynamics & opportunities we’re helping to unlock via these CDR credits.   🌍💵📖 The Seagrass Book Club - 10 readers can claim this month’s Audible book for FREE! Last month, during Climate Week in New York, we had the pleasure of hosting Professor Christopher Marquis for a CSO roundtable. So, this month we feature his book ‘The Profiteers’, as he takes a look at how business is both a principle cause of our current climate troubles & perhaps the most vital cure. To get your FREE AUDIBLE, all you have to do is follow Seagrass, subscribe to the Newsletter and fill in the attached form.   🗓 You can also explore where the Seagrass team will be during over Q4, including ADIPEC & COP29.   Press ‘Subscribe’ and sign-up to receive the newsletter directly each month. Comment below to let us know what topics you'd like to feature in November.   #ClimateFinance #CarbonMarkets #WeAreSeagrass

This month, we’re featuring Rebecca Rouen, our office manager! With experience in education, administration and development, Rebecca leads on all our office management and supports Seagrass's employee culture and events. Things you might not know? - Rebecca is an identical twin 👭 - She’s passionate about experiencing the world through food and has visited 49 countries so far 🌎 - Her travel goal for 2025 is to visit Tasmania to see a common wombat in the wild! 🇦🇺 - She also has a diploma in Baking & Pastry Arts and Advanced French Patisserie – hence our in-house dessert and healthy snack guru! 🍰 Learn more about how Rebecca and our wider Seagrass team can support your climate goals here: www.seagrass-climate.com #WeAreSeagrass #CarbonFinance #Sustainability

Last week, as part of Climate Week NYC, we hosted a breakfast focused on Scaling Energy Storage & Long-Duration Batteries. As part of a broader research project with E.ON UK, the New York session delved into three main topics: 1) The bankability of energy trading as key to battery financing 2) Unlocking a carbon finance policy toolbox across short-duration & long-duration technologies 3) Building credible modelling and data availability to help evaluate interventions and ecosystem decision-making. You can explore our wider research below and we look forward to delivering our full report & case study at COP29 Azerbaijan. https://lnkd.in/eQnWxzmQ Thomas Birr Ely Sandler Hayleigh Ford Jose Davila Lukas Opiola #EnergyStorage #CarbonFinance #EnergyTransition

Unlocking Uganda's Climate Potential - Carbon Finance Dialogue 🇺🇬 🌍 ⚡️ 🌳 As part of Climate Week in New York, we helped to convene a high-level briefing with the Uganda Ministry of Water & Environment to discuss the role that the carbon markets play in delivering the nation's NDCs. Under Uganda’s current NDC targets, it aims to reduce its net greenhouse gas emissions by 24.7% below business-as-usual levels by 2030. The total cost of implementing its NDC is estimated at US$28.1 billion, which will rely on domestic budgets and international capital. Step in carbon finance, which can help to play an immediate role to close this financing gap and monetise the country's efforts in reforestation, sustainable agriculture, and renewable energy expansion. During the dialogue, we discussed steps to deliver a credible carbon markets governance framework to get capital to where it is needed most. These included: 1) Clear Regulatory Frameworks 2) Capacity Building 3) Investor Confidence 4) Partnerships with Multilateral Organisations 5) Transparent Monitoring, Reporting and Verification 6) Engagement with local communities & Co-benefits A big thank you to our hosts, keynotes and guests, including His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, Chairman of East Africa Investment Group who shared his unique perspectives. We'll look forward to continuing this dialogue at COP29. Mr. Alfred Okot Okidi Adonia Ayebare Naveed Tariq Chandra Shekhar Sinha Fanny Modin #UgandaNDC #CarbonFinance #Partnerships

We kicked off Climate Week NYC with a Carbon Finance Breakfast at Goals House this morning. With CSOs and CFOs, we discussed market incentivisation for businesses, alongside risk management and financial derisking. A big thanks to our moderator Christopher Marquis and guest contributors Mark Kenber Giulia Carbone and Jamey Mulligan. #CarbonFinance #Decarbonisation #ClimateWeekNYC Naveed Tariq

With just under a week to go before Climate Week NYC, here’s some of the key moments Seagrass is looking forward to next week. 👇 Reach out to the team for a meeting over coffee, tea, or nightcap 🗽☕⚡🍸    - All levers, all at once – no time for yesterday’s logic - Carbon Finance Breakfast (Mon 23 Sept, 08:00 at Goals House) With our partners at Goals House, we’re bringing academia, CFOs, CSOs and financiers together to discuss which carbon markets interventions are working, how corporates can be incentivised to act and explore ways to derisk carbon mechanisms to help scale finance. - UNEZA Roundtable (Mon 23 Sept, 16:00) We’ll be joining the UNEZA Roundtable to share insights and experiences on developing sustainable grids, deploying renewable projects, and delivering technological innovations - IETA North America Climate Summit 2024 (24 – 26 Sept) Next stop NACS 2024 to discuss how we collaboratively move the needle on delivering climate action and transition finance at scale. - Scaling Energy Storage Breakfast (Weds 25 Sept, 08:00 at Follia) Alongside E.ON UK, we’re leading research into how carbon finance can unlock capital for energy storage. Our breakfast will discuss policy recommendations and new carbon finance instruments for industrial-use batteries and energy storage solutions. We’ll also look at a real-world pilot case study as a model for projects globally.    We’ll also be joining key discussions with: WBCSD – World Business Council for Sustainable Development, NYSE, Time Inc., Sylvera, MSCI Carbon Markets, Fin-Erth and more.   Our Seagrass Climate Week NYC Hub can be found here ⤵, with more details on our events: https://lnkd.in/dX9UzwNs   Naveed Tariq Hayleigh Ford Fanny Modin   #ClimateWeekNYC #CarbonMarkets #ClimateFinance #WeAreSeagrass