Carbon Growth Partners

To solve the climate crisis we must shame the laggards, not the leaders, writes Carbon Growth Partners CEO Rich Gilmore.

💚📣 Dream job alert! 📣💚    💚📣 ¡Alerta de trabajo ideal! 📣💚 BlueMX is looking for an operations-focussed Managing Director who will be accountable for leading the successful on-ground delivery of one of the world’s most ambitious community-led mangrove conservation and restoration projects. 🌳 BlueMX está buscando un Director General enfocado en operaciones que será responsable de liderar la exitosa implementación en terreno de uno de los proyectos de conservación y restauración de manglares comunitarios más ambiciosos del mundo. 🌳   Spanning almost 200,000 hectares across Mexico’s Gulf and Pacific coasts, BlueMX will protect and restore vital threatened species habitat, sustain economic prosperity for thousands of Ejido landowners, and avoid and remove more than 50 million tonnes of greenhouse gas emissions. Abarcando casi 200,000 hectáreas a lo largo de las costas del Golfo y el Pacífico de México, BlueMX protegerá y restaurará hábitats vitales de especies amenazadas, sostendrá la prosperidad económica de miles de propietarios de tierras ejidales, y evitará y eliminará más de 50 millones de toneladas de emisiones de gases de efecto invernadero. Based in Mexico, and fluent in English and Spanish, you will take a hands-on approach to leading the BlueMX on-ground team, which collaborates with Ejido landowners, government agencies, scientists and to achieve lasting impact for people and nature. Trabajando en México, y con fluidez en inglés y español, asumirás un enfoque práctico para liderar el equipo en terreno de BlueMX, que colabora con propietarios de tierras ejidales, agencias gubernamentales y científicos para lograr un impacto duradero para las personas y la naturaleza.   Learn more and apply by contacting BlueMX.   Obtén más información y aplica contactando a BlueMX. #bluecarbon #climatechange J L Garcia Falmer

Carbon Growth Partners sends its warm congratulations to Verra and Architecture for REDD+ Transactions (ART) for achieving Core Carbon Principles approval, the highest bar for the integrity of carbon crediting standards. Our congratulations also go to The Integrity Council for the Voluntary Carbon Market (ICVCM) for its rigorous and transparent assessment process, bringing renewed confidence to carbon markets.

Setbacks at the United Nations aren't holding back progress for the Verified Carbon Market, says Carbon Growth Partners Chief Impact Officer Charles Bedford, writing in The Business Times. #climatechange

With #bitcoin surging in price - and back into investors' conciousnessness - Carbon Growth Partners CEO Rich Gilmore explores #crypto's parallels to #carbonmarkets, and finds that while the similarities are superficial, the differences are profound^.

Carbon Growth Partners will be at The Economist sustainability summit in Bangkok from 11-13 March. CEO Rich Gilmore will discuss the global transition to net zero, and how to mobilise the trillions of dollars needed to make it happen. To meet up, send us a message!

Last month, Carbon Growth Partners CEO Rich Gilmore spoke with Radio Television Hong Kong (RTHK) Money Talk host Carolyn Wright about the how, what and why of carbon markets. Tune in below... 🎙🎧💡 #climatechange Mark J.

CARBON CREDIT QUALITY: DOES VINTAGE MATTER? In recent years, the vintage of a carbon credit – the year in which the corresponding abatement activity occurred – has become one of the defining attributes of perceived quality (and price) in the verified carbon market. But is newer really better? In our latest article, Carbon Growth Partners CEO Rich Gilmore explores this question...

Following the announcement by VCMI that Bain & Company has become the first business to achieve Platinum decarbonisation status, the Carbon Growth Partners team took a look at how they got there [1]. The results make for enlightening - and encouraging - reading. Here's why we think Bain have done a great job: 🎯 Comprehensive plan: Bain's offset program is a part of a larger decarbonisation effort that is aligned with 1.5C of warming. 🔍 Complete transparency: Bain's disclosures include the granular specifics of their offset program, down to the serial numbers of carbon credits retired. See comments for a summary. 👇 💵 Affordable ambition: According to analysis from the team, the value of credits retired by Bain in its most recent reporting period was around $1.94 million, with an average price per credit of $14.75. Those are not all the most expensive credits, but not the chepaest either, and equate to a spend of $105.22 for each person employeed by the company [2] [3]. 🗓 Paris-Era vintages: Credits retired were evenly spread across Paris-Era vintages (2016 onwards). On vintages, newer does not equal better, but offsets for contemporaneous emisisons should be from 2016 onwards [4]. 🌍 Geographic diversity: Credits were retired from Bain's main commercial market (the US) and from a range of developing and least developed countries. 🌳 Project type diversity: while all credits retired were nature-based, they span a mix of blue carbon, terrestrial reforestation, improved forest management and a small volume of enhanced weathering credits. Bain chose all removals; in our view this is not necessary, but if you can afford to do so, go for it. 🛡Credible standards: 99.95% of credits were from accredited registries, with Verra leading the way at 60.5% of credits retired. The 0.05% was the enhanced weathering. In our view, this is a template for other businesses to follow and they should not wait to take action. Just start. You might get some stuff wrong, some people might criticise your mistakes but as Tim Cook and the team at Apple said late last year: "The planet can't wait, and neither will we". 💕 🌏 #EveryTonneEveryTime. Notes: [1]. Commentary and data prepared independently and without input from Bain or VCMI [2]: Data from Bain's own disclosures. Google 'Bain climate action' [3]: Estimates from Carbon Growth Partners using data from AlliedOffsets [4]: The current price premium for newer credits inside the Paris-Era window (e.g. a v2019 premium over v2017) is literally the dumbest perceived value driver in the VCM. We'll post about that separately. Manny Maceda Henning Huenteler Dale Hardcastle Gwyneth Fries Sam Israelit Charles Bedford Yvonne Choong Eric Yeung John Coffeng

Our congratulations to Bain & Company for showing leadership in climate action, consistent with limiting warming to 1.5C. #carbonmarkets