Enriching top-down external verification with bottom-up claims of carbon reduction to dispel greenwashing and align investment with impact.
Despite multi-trillion-dollar trade in carbon credits and climate bonds, global emissions are still heading in the wrong direction, reports the World Meteorological Organization (WMO).
Misleading the public to believe that a company or entity is doing more to protect the environment than it is – commonly known as greenwashing – was identified in a special report presented at COP 27 as the leading cause of the disconnect.
“To prevent dishonest climate accounting and other actions designed to circumvent the need for deep decarbonization, we emphasize that non-state actors must report publicly on their progress with verified information that can be compared with peers,” said the report by the UN High Level Expert Group on the Net Zero Emissions Commitments of Non-state Entities. The report concluded that loopholes in current accounting standards must be tightened with the “best available science, emerging digital monitoring evaluation and verification capabilities.”
Enables investors to fund and monitor industrial transition with attractive returns, as they benefit from the carbon subsidies and the lower cost of capital.
Prof. Ron Cohen speaks on our mission to scale up the Berkeley Environmental Air-quality & CO₂ Network (BEACO2N) in California, in 300 major US cities, and cities around the world.
A webinar presented by Secured Carbon CEO, Tac Leung, with Professor Paul Palmer, Group Leader and Professor of Quantitative Earth Observation at the University of Edinburgh, to the Financial Services Club on the latest atmospheric measurement systems and how they can be used to report on and verify net zero and other claims.