Climate is the economy: The case of carbon credits
VIEWS 16/10/24

Climate is the economy: The case of carbon credits

There is a global effort to make carbon credits more scalable and credible, which is increasingly important given the rise of false claims across various industries. As this is a critical topic especially for anyone involved in climate tech, on October 9th, we invited Bill Gilbert and Will Robson from the NatWest carbon market desk to share their expertise with our portfolio startups on the complexities of the voluntary carbon credit (VCC) market.

Key topics explored during the webinar:

  •     How net zero targets make using VCCs essential
  •     What are voluntary carbon credits and when are they important?
  •     Credit carbon factors
  •     Different types of VCCs

The global transition to a low-carbon economy is reshaping industries and economic systems. Decarbonising sectors such as energy, manufacturing, and transportation means new business models, financial mechanisms, and regulations must be developed, transforming the economy to address climate change.

In the maritime industry, deep tech innovations are playing a critical role in this transformation. Advanced technologies such as autonomous vessels, clean fuel alternatives, and carbon capture solutions for ships are revolutionising how goods are transported across oceans, reducing the industry’s carbon footprint. Moreover, carbon credits present a significant opportunity for the founders. By participating in carbon credit markets, they can generate new revenue streams through the sale of credits. This creates an economic incentive for further innovation and accelerates the industry’s journey toward sustainability.

Climate action is no longer just a cost or regulatory obligation; it is central to modern economic activity. It creates jobs, fosters innovation, and drives economic transformation, making climate considerations a fundamental part of the global economy.

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