Boomitra’s Post

🌍🌱 At ecosecurities, we're deploying solutions now that can make a huge impact, provided sufficient climate finance is channeled into high-quality projects. These projects are crucial for reducing emissions and delivering co-benefits like biodiversity conservation and community development, particularly to the Global South.   Improvements can always be made and we're continuously working with standard setters to improve verification methodologies, ensuring the highest quality and integrity of carbon credits. This ongoing collaboration helps build a more robust and transparent market.   With long-term demand signals from corporates, governments, and financiers, we can unlock the full potential of carbon markets. Stable and predictable demand is essential for encouraging investment and scaling impactful climate projects. Together, we can drive significant progress towards global climate goals! 🌿💼   Read more about the potential of carbon markets in the Global South from the excellent Fred Krupp: https://lnkd.in/eYfvYzyE

Have you ever heard of Climate Bonds, Sustainability-Linked Bonds, or Blue Bonds? 💡🌱 If not, go check out our new post on FinancEarth Mission's page! 👇

The use of carbon offsets *can* have valuable benefits for the enhancement of nature, biodiversity, and improving livelihoods, but can also be a significant pitfall on the journey to meeting our climate targets. Furthermore, there are other pitfalls to be aware of (see below). Carbon offsets cannot be used in place of attaining zero emissions in your supply chain, and physically reducing outputs. Which is why changing language towards 'real zero' from 'net zero' could embed the culture we need to strive for. It does not matter how many tree's we plant, they take time to sequester the emissions and this can be undone through poor management, droughts or forest fires. What will matter in the end is cutting emissions from source. If carbon offset schemes are to be used, those purchasing carbon offsets need to ask themselves the following questions when selecting projects: - How long will this safely sequester carbon for? : If confidence is low that it is less than a century, then there is little value in terms of emissions reduction. - How quickly will this sequester carbon? : Faster the better, the rapid decline in emissions and the reduction in the rate of increase of carbon in the atmosphere needs to start now. - Can this method sequester the quantity of carbon required? : There is not much accountability for over promising and underdelivering. - Is this carbon offset scheme trust worthy? : Look for eco-labels and reputable organisations. - Am I just paying for someone else not to emit carbon? : Whilst potentially resulting in improvements in livelihoods and in biodiversity, sometimes you are not sequestering carbon at all. Support livelihoods and biodiversity in other ways, as there is also the risk with the following question. - Are the carbon offset schemes sensitive to the community and environment in which they are being placed? : Land grabs in Africa, and corporations moving into sensitive ecosystems for tree planting schemes can cause more damage than good. - Is there anything I can do instead to reduce emissions in my operations? : Reducing your carbon emissions starts with your activities, and you need a plan of action and the capability to carry that out. Daniela Gonzalez Alok Choudhary Shak Gohir Carl Che Hamid Moradlou Sube Singh Karen Macpherson #Sustainability #Carbon #SupplyChain #NetZero

The Grean Deal 🌳🤝♻️: The Pursuit For Climate Justice🌦! The World Of Today is in a critical era when it is faced with, not only an extraordinary times, but also an extraordinary challenges coming from all fronts---political, economic, social, and environmental----in a global scale as to its magnitude and intensity that would certainly require an equally extraordinary measures but are collective and consensual to be inclusive and conclusively efficient and effective. Such criticalness and extraordinariness are very much before and ahead of us poking to our faces as if shouting : "you guys must act now and act decisively or face the dire consequences of centuries of commercialized exploitation of this planet's abundance with impunity, all in the name of progressive modernization" Indeed, we do have the conveniences and comforts of modern living but at what price?...and can everyone afford and truly benefitting from it?...if not, why? How about looking and considering these: ▪ only about 10% are billionaires and millionaires and the rest 90% of human population are what? Is that a good definition of economic equality? ▪why are there developed, developing, and underdeveloped countries? ▪why are there democratic and communist states? Are they indicators of progress, if so, let's further consider their effects: ▪poverty ▪crimes against persons and properties ▪racial genocide ▪gender inequality...are these social justice? ▪regional wars and conflicts ▪geopolitical posturing and maneuvers ▪weaponization of monopolized commodity: petroleum oil and natural gas, rare earth minerals, flour, fertilizer ▪multilateral international bodies where violating members still with veto powers...are these political justice? Now, to top it all: ▪air, water, and land pollution ▪energy, water, and food crisis ▪extreme weather persistent conditions: droughts, wildfires, hurricanes, blizzards ▪accelerating glaciers thinning and ice sheet loss in North and South pole ▪extinction of species on land, water, and air ▪biodiversity and ecosystem loss... are these environmental justice? And the most pressing, urgent, and catastrophic of them all: #ClimateChange! But come to think of it🤔...are all of the above not human-induced or human-instigated/driven events that remain as global issues and concerns which are greatly concerning but half-heartedly and half-bakedly considered? In the light of those, if countries like the US of A and EU, mostly developed ones, take a stand and make the initiative of fighting all sort of injustices plaguing global society, will we take it as an offense and affront as unfair competition and doesn't amount to fair play when during extraordinary times, we need world leaders taking extraordinary actions to fight for global injustices? Though it would be better , global concerns must be collectively considered, discussed, decided, and acted upon but for a world fraught with differences and ego-loaded, can a unity of action be 100%?🤷♂️

🤔 Did You Know? – Investing in Climate, Sustainability, and Oceans 🌎 Looking to make a difference with your investments? Several types of bonds are designed to help protect our planet while generating potential returns! 🌿 1️⃣ Climate Bonds focus specifically on projects that combat climate change—like developing wind farms and solar energy plants. They're ideal for investors passionate about climate action and resilience. 🔆🌾 2️⃣ Sustainability-Linked Bonds (SLBs) provide flexibility. Instead of funding specific projects, they tie financial terms to a company’s overall sustainability performance. Companies are rewarded for hitting sustainability targets like reducing emissions or improving diversity. 📊♻️ 3️⃣ Blue Bonds are all about protecting our oceans. They fund marine conservation efforts, sustainable fisheries, and clean water projects, supporting United Nations SDG 14 (Life Below Water). If you care about preserving marine ecosystems, Blue Bonds are your go-to! 🌊🐟 Explore these diverse ways to invest in a sustainable future while making your portfolio greener! #DidYouKnow #ClimateBonds #SLBs #BlueBonds #SustainableInvesting #GreenFinance #SaveOurPlanet #OceansFirst #EcoInvestments #FinancialFuture #FinancEarthMission Marwa Bendaoud Patricia Pereira Diogo

HOW CARBON MARKETS CAN DELIVER TO THE FRONT LINES OF THE CLIMATE CRISIS | As climate change causes increasing damage, the developed countries must cut GHG-pollution while allowing developing countries to grow their economies. Historically, this growth meant high emissions, but we need and have cleaner solutions now.   💰 🌿 Private sector funding is crucial for this green growth, and carbon markets are an essential tool for financing these climate solutions. In this article, TIME highlights three essential key reasons for carbon markets: ➡ Carbon markets can help fill the climate finance funding gap ➡Carbon markets can help us close the emissions gap faster. ➡Carbon markets help the most vulnerable places. While challenges on quality and integrity are present, new market reforms are addressing this, for instance ensuring better benefit programs for Indigenous peoples and local communities.   💪 The path forward requires rigid implementation at scale, more corporate action to reduce emissions, and continued support from the environmental and societal community. Carbon markets have the potential to drive billions of dollars towards climate solutions, biodiversity protection and equitable economic development. We are proud to be (a small) part of that solution.   🌎Now is the time to act!   Read the whole article here: https://lnkd.in/eYfvYzyE   #ClimateAction #SustainableDevelopment #CarbonMarkets #ForestConservation #EconomicGrowth

‼️ Interesting read on redefining climate action through a much needed shift to high quality carbon credits. Poor-quality offsets have come to light in recent years with credits failing to deliver. The solution: 🌱 A shift from offsets to contributions is crucial for effective and credible climate action ♻️ The top priority is to avoid and reduce emissions within the company's own value chain; in addition, climate protection contributions should be made to transparent projects with proven co-benefits. Read the article from Stanford Social Innovation Review here: https://lnkd.in/gMqtF3iD #climateaction #netzero #esg #csr #sdgs

Natural climate solutions like conserving forests could deliver up to one-third of the emissions reductions required by 2030 to stay on track with the Paris Agreement. The voluntary carbon market—when done right—is one tool to shift finance into more sustainable investments. This primer can help USAID Missions effectively navigate the evolving and complex NCS carbon market space and ensure carbon market projects are held to the highest standard in terms of transparency and results. https://lnkd.in/eHmP-yY8

What are some of the trade-offs involved in the green transition? I'll be taking part in a panel next week hosted by Clement Sefa-Nyarko, PhD on 'The psychosociology of climate response for environmental sustainability'. I'll be discussing some of the competing incentives and interests of stakeholders involved in the pursuit of sustainability. How might the push for renewables affect the planet's biodiverse regions? How might this affect marginalised communities? And what could be done to bridge these different interests? #GreenTransition #Sustainability #ClimateAction https://lnkd.in/et79Uncd

As the destructive power of climate change causes ever-greater damage, we must reduce the pollution that’s causing it. At the same time, these developing countries need to grow their economies—a process that for decades in the Global North meant pouring climate pollution into the atmosphere. It’s imperative that we find ways for emerging economies to grow without adding a lot more pollution, and that takes deep pockets. The money to get this done resides mostly in the private sector. Carbon markets—a much debated but indispensable tool for financing climate solutions—are one key to unlocking the funds. They work like this: Companies buy carbon credits, which provide funds for specific activities, like producing clean energy or protecting forests that absorb carbon emissions. If the markets are designed right, and follow principles for high integrity carbon credits, they deliver funding to those on the front lines of the climate crisis. -Time.com #carboncredits #conservation #vcm #highintegritycredits #climatesolutions #commentary https://lnkd.in/eYfvYzyE