CarbonPool

🚨 We are thrilled to announce that CarbonPool is officially a member of IETA, a global carbon markets advocate! CarbonPool has taken an active role in shaping the market's understanding of the necessity of risk mitigation solutions like insurance, from consulting on the EU Commission on CRCF to the ongoing Article 6.4 negotiations. As an IETA member, CarbonPool will be scaling this advocacy to an institutional and market-wide level. 

Buffer pools were created with good reason: in the absence of a traditional risk mitigation solution like insurance, they helped address the permanence issues plaguing carbon removal projects. So what’s gone wrong? Last month we were joined by Injy Johnstone in our webinar to discuss why buffer pools are no longer fit for purpose in a maturing carbon market. If you haven’t already, we encourage you to watch the webinar at the link below: https://lnkd.in/eVJrfbNu 

"For CarbonPool, success means unlocking investment in the carbon market and giving companies the confidence to invest in impactful projects." Thank you to Helena Capital for the great profile of CarbonPool co-founder and COO Nandini Wilcke on our vision and her experiences leading a startup as a female founder. Nandini said it best: At CarbonPool, it is our mission to deliver the best insurance products we can to our clients, while making the planet whole in the process.

Buyers and developers in the carbon market - have you considered insurance as a way of securing the delivery and permanence of your carbon credits? As Nandini Wilcke noted in a recent white paper with Renoster, the market’s current risk mitigation mechanism, buffer pools, are at risk of failing to deliver on their promise of securing the permanence of carbon credits. And in our recent webinar, 4 brilliant industry authorities discussed the most credible alternative in the voluntary carbon market - in-kind insurance. You can watch the whole conversation back at this link: https://lnkd.in/eVJrfbNu

“The climate is not static. The world is not static.” Buffer pools were set up to mitigate permanence risk for carbon removal projects, but they risk failing to deliver on that promise long-term. As Nandini Wilcke shared in our recent webinar, a maturing carbon market needs to transition to risk mitigation mechanisms that can actually ensure that sequestered carbon remains sequestered for good. Follow the link below to watch our expert panel’s discussion and hear why in-kind insurance can secure the delivery and permanence of carbon credit projects: https://lnkd.in/eVJrfbNu

Buffer pools aren’t just ineffective, they’re at risk of collapse long-term. That was one of the conclusions from our recent joint report with Renoster, which we discussed in our latest webinar on the pitfalls of buffer pools and the potential of in-kind insurance as a viable alternative. Watch Elias Ayrey (PhD) deliver some stark figures on the problem below, and to see the rest of the webinar go to: https://lnkd.in/eVJrfbNu

Are registry buffer pools still fit for purpose? We posed that question to Elias Ayrey (PhD) from Renoster at our recent webinar on how buffer pools work, and how they are at risk of failing to deliver on their promise as a long-term permanence mechanism. Hear Elias’s response below, and to see the entire webinar, visit: https://lnkd.in/eVJrfbNu

Thank you to everyone who joined our webinar on registry buffer pools, and to our fantastic panelists for all their insights - Nandini Wilcke at CarbonPool, Elias Ayrey (PhD) from Renoster, Dr. Kirti Ramesh from BeZero Carbon, and Injy Johnstone from the University of Oxford, with moderation by Vaughan Lindsay. Some highlights from our speakers: 💡 From Nandini: "One of the fundamental premises that is not being taken into account right now that needs to be taken into account is it is not possible today to come up with a risk adjusted buffer pool contribution that is the right size to cover for 50 or 100 years from now. It's just not possible. The climate is not static. The world is not static. . . And so if you ask me, Are the buffer pools fit for the purpose that has been articulated, which is to guarantee permanence? The answer is no." 💡 From Elias: "There's an inherent flaw with the buffer pool as a concept. And the flaw right there is that buffer pools are not designed to prevent enrollment . . . there is no mechanism right now to prevent extremely high risk projects from being enrolled for carbon credits."  💡 From Kirti: "We do find that projects with credits in the buffer pool have credits that are unequal to each other and not all equal to one ton of carbon. So I think users of credits should know that when a reversal occurs where they're actually being compensated from, if it's actually from the buffer pool or an alternative project." You can watch the full webinar, along with answers to the discussion's Q&A, at the link here: https://lnkd.in/eVJrfbNu And for a deep dive on registry buffer pools, take a look at our newest white paper, co-written with Renoster: https://lnkd.in/gydnDMWn

Buffer pools were designed to address reversal events, but they do not appropriately account for the risks of carbon projects, are insufficient, opaque and require contributions today for events that happen many years in the future - and for all of those reasons and more, cannot guarantee permanence. Yesterday's webinar, hosted by Nandini Wilcke, confronted the inherent risks of buffer pool registries head on. If you’re a buyer, developer or intermediary and missed out on our expert discussion, read our latest blog and download the full report at the link below for a critical viewpoint on in-kind insurance as a mechanism that guarantees long-term outcomes from carbon credit projects. https://lnkd.in/gydnDMWn #carbon #carbonmarket #VCM #sustainability #carbonremoval

Last reminder to join our panel of top scientists, experts, and thinkers to hear how registry buffer pools have promised long-term permanence for their issued carbon credits--and how that promise is at risk of falling short. Speaking will be Nandini Wilcke, Elias Ayrey (PhD) at Renoster, Dr. Kirti Ramesh at BeZero Carbon, and Injy Johnstone at the University of Oxford, with moderation by Vaughan Lindsay. #carbon #carbonmarket #VCM #sustainability #carbonremoval