Patch

"My journey from climate anxiety to action has shown me this: the path to a livable future isn’t solitary—it’s collective. So many of us in this world are experiencing feelings of anxiety and uncertainty due to the climate crisis. So many of us are also working on solutions, which is empowering and comforting." An important read from our very own Tighe Sullivan, Jr., climate strategist. Everyone takes their own path into the fight against climate change, and the movement takes a wide variety of skillsets and areas of expertise. That breadth of focus is a huge strength — but only as long as we're united with common purpose. When we're all pulling together in the same direction, nothing can stop us.

Our customer Bain & Company keeps setting the bar for strategic action in the voluntary carbon market. Decarbonization is critical right now, but if companies aren't also thinking long-term about scaling carbon removal and avoidance projects in advance of the mid-century, we'll be looking at severe supply constraints in 10–20 years. That's how sophisticated sustainability leaders like Sam are engaging with carbon markets — and VCMI is massive in helping to establish the scientific foundations for doing it with integrity. Our own Lucy Hargreaves helped inform VCMI's claims code as a member of the Stakeholder Forum, and it represents a blueprint for corporate climate action in 2025.

A major focus of Google's carbon strategy is proving out what works in CDR and creating positive demonstrations of it. It's a "long-termist" view of climate action — taking steps today that could have outsized impact by the mid-century. Take an hour and listen to Randy Spock and Bee Hui Yeh dive into how to buy carbon removal like Google — webinar available on demand here: https://lnkd.in/g7W8_QGv

A few weeks ago, Frey Lindsay interviewed me and our lively discussion led to the creation of this article https://lnkd.in/dPvpKs6P 🔖 💫 The 𝗖𝗮𝗿𝗯𝗼𝗻 𝗥𝗲𝗺𝗼𝘃𝗮𝗹 space is one of the most critical and promising frontiers for tackling anthropogenic climate change. I’ve been involved in this field since 2016, a time when only a handful of passionate developers were creating CDR solutions and I knew then that I wanted to play a role in supporting its growth. Since then, I’ve contributed in many ways: as an advisor, founder, developer, investor, and by helping build market platforms and supporting corporates purchasing their ideal removals portfolio. It’s been incredible to witness - and be part of - this market’s evolution from those early days! For CDR to scale at the pace required, we need more than innovation. We need 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁, 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝘂𝘀 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀, 𝗮𝗻𝗱 𝗯𝗼𝗹𝗱 𝗮𝗰𝘁𝗶𝗼𝗻. 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗲𝗻𝗴𝗮𝗴𝗲𝗱 𝗯𝘂𝘆𝗲𝗿𝘀 are just as vital as technological breakthroughs. Many organisations are still trying to understand what CDR means, how it fits into their goals, and why it’s a vital piece of the climate puzzle. Market growth is about building understanding, trust, and partnerships that lead to real impact on the ground. 𝗥𝗲𝗮𝗰𝗵 𝗼𝘂𝘁 𝗶𝗳 𝘆𝗼𝘂’𝗿𝗲 𝗷𝘂𝘀𝘁 𝘁𝗮𝗸𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗳𝗶𝗿𝘀𝘁 𝘀𝘁𝗲𝗽𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗽𝗮𝗰𝗲 𝗼𝗿 𝗮𝗿𝗲 𝗿𝗲𝗮𝗱𝘆 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗮𝘁 𝗮 𝗱𝗲𝗲𝗽𝗲𝗿 𝗹𝗲𝘃𝗲𝗹. Onwards and upwards! ✨ 🚀 Satgana Romain Diaz Anil Maguru Desirée Pettersson  Patch Bee Hui Yeh Aaron Grunfeld Brennan Spellacy Thanks, Noah Deich, for introducing me to CDR back in our business school days! Mark Workman, Dave Addison Michael Ashcroft Impact Loop

Here's a great recap of early actions from the new administration that will affect the climate. Follow Lucy Hargreaves for regular updates and explainers on breaking news in the climate policy world!

We hosted a fascinating discussion with Randy Spock from Google's carbon removal team and our own Bee Hui Yeh on building effective corporate carbon removal strategies. Three critical insights stood out for anyone looking to apply Google’s lessons to their programs: 1️⃣ Simplicity in strategy: Focus on two fundamental needs — certainty of impact and scale of impact. Everything else follows from there. 2️⃣ Collective action > individual effort: Maybe counterintuitively, not even Google is going it alone in carbon removal. Wherever they can, they favor collaborative platforms over building large internal teams. 3️⃣ Reframing risk: Instead of trying to eliminate all risks, ask "are these risks worth taking on behalf of the planet?" Randy summed up Google's long-term vision (and all of our vision in the climate movement) beautifully: "We're building a cathedral here, folks – we're building something that's going to be most valuable in mid-century. And we need to set that foundation right." That cathedral won’t be finished in a day or even in a decade — which means we have to start today. For companies looking to develop their carbon removal strategies, the message is clear: Think big, act collectively, and stay focused on what the planet needs. Watch the webinar on-demand — link is in the comments. #CarbonRemoval #ClimateAction #Sustainability

How to unlock Billions – Phase 5: Manage. Even after carbon credits have been purchased, the job isn’t done. Portfolios need to be continuously managed and monitored, and compliance and reporting milestones need to be met. As you can imagine, the ongoing nature of the tasks can cause major hurdles for sustainability teams. How Patch is working to consolidate the Manage phase: - Patch monitors project risks across buyers’ portfolios — including new scientific or media scrutiny. Our experts also provide updates and advice on navigating risks. - The Patch platform centralizes and organizes all the information necessary for complying with the requirements of net-zero claims and reporting policies. If a project fails to deliver a future credit vintage, Patch will replace the credits with an equal number of a similar type and vintage for no additional fee. - Patch enables buyers to get a full view of their portfolio, including past purchases made outside of the Patch relationship, to inform their long-term strategy Access the full report in the comments.

T-minus 1 hour until webinar liftoff 🚀 How to buy carbon removal like Google You still have time to join — we'll be taking live questions. Or if you can't make it, you'll get the recording in your inbox. Click here to register: https://lnkd.in/g7W8_QGv #carbondioxideremoval

This is a great example of how to build a carbon credit portfolio that supports your company's business model. Oktra designs and builds beautiful and sustainable workplaces in the UK. No matter what your industry, your carbon strategy can and should include projects that harmonize with your company's mission and vision.

‼️ Next week, new webinar: How to buy carbon removal like Google ‼️ Right now just a handful of companies represent the bulk of carbon removal purchasing in the voluntary markets. Even well-resourced companies look at the sophistication and staffing at companies like Google and think they can't replicate the playbook without first building out a large carbon team. That's why we're excited to showcase Randy Spock, Carbon Credits and Removals Lead at Google, alongside Bee Hui Yeh, Head of Climate Strategy and Solutions at Patch, to break down the decision-making pathways they use to make high-impact, high-integrity carbon removal purchases. You don't want to miss this webinar — it's already filling up fast, so register now to save your spot! https://lnkd.in/g7W8_QGv