In this episode, hosts Kaitlyn Allen and Erika Schiller join forces to bring our audience insights from the recent North American Carbon World (NACW) conference in San Francisco, California. For 21 years, NACW has been North America’s premier event for learning, collaborating, and networking on carbon markets and climate policy.

Listen as Erika recaps key messages from the event. They address why there is a sense that climate action has taken a pause and the confusion that seems to loom around carbon-related issues. Erika offers pragmatic suggestions for companies to navigate the uncertainties of the carbon markets. She reminds us that transparency is critical and climate science is always evolving.

They also urge companies with 2030 climate goals to maintain momentum, emphasizing the necessity of continued action and funding to achieve these targets. The hosts suggest several short-term tactics to meet these objectives, including:

Purchasing Renewable Energy Certificates (RECs)
Renewable Power Purchase Agreements (PPA)
Installing renewable energy infrastructure through the purchase of high-quality, verified carbon offsets

In case you were left hanging–despite having to run at top speed through New York City, they made it to the train on time with two minutes to spare!

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Episode Resource Links

Key Acronyms Mentioned: Integrity Council Voluntary Carbon Market (ICVCM), Core Carbon Principals (CCP), Carbon Offsetting Reduction Scheme for International Aviation (CORSIA)

NACW Website: https://www.nacwconference.com/

Paris Agreement Article 6: https://unfccc.int/process-and-meetings/the-paris-agreement/article-64-mechanism

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ESG Decoded is a podcast powered by ClimeCo to share updates related to business innovation and sustainability in a clear and actionable manner. Join Kaitlyn Allen, Amanda Hsieh, and Erika Schiller for thoughtful, nuanced conversations with industry leaders and subject matter experts that explore the complexities about the risks and opportunities connected to (E)nvironmental, (S)ocial and (G)overnance. We like to say that “ESG is everything that’s not on your balance sheet.” This leaves room for misunderstanding and oversimplification – two things that we’ll bust on this podcast.

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Is There a Pause in Climate Action? Insights from NACW 2024 | ESG Decoded Podcast #137 11:30 Share

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Is There a Pause in Climate Action? Insights from NACW 2024 | ESG Decoded Podcast #137