We were delighted to be asked to represent the view of a voluntary carbon standard at this ground breaking report launch with Arup and BusinessLDN. Our very own Sarah Brownlie (nee Thienel) did a superb job at explaining some of the key challenges reflected in the Arup/Business LDN report that prospective buyers are wrestling with, in terms of volatile pricing, proving integrity, the need for transparency and the desire to support projects that will deliver benefits for climate, nature and society. Wilder Carbon provides a solution that can address all of these concerns. Nature based solutions take time to deliver so we need to be investing now in order to make the substantial difference we all want to make. We look forward to continuing to work with Arup to help make this UK Collective Offsetting Fund work in practice. Thanks again to Stephen Thompson, Ben Smith, Muniya Barua, Ioanna Mytilinaiou and other panellists Robert Jenkins and Matt Prescott.
Together with BusinessLDN we’re calling for businesses across the UK to team up to aggregate their current and future purchasing power and collectively offset residual emissions. This morning, we held an event to launch this new report, making recommendations for UK businesses to work collectively to transition to a net zero carbon future and restore our natural environment. A new fund could spur investment into high quality offsetting schemes that tackle climate change and deliver wider benefits, such as enhancing biodiversity, nature recovery and social value. 99% of carbon offsetting purchases by UK organisations are currently made overseas, amounting to £150-200m annually. What if, collectively, we could move this investment back into the UK? Thanks to our contributors to this event: Muniua Barua at BusinessLDN, Stephen Thompson at Arup, Ben Smith at Arup, Sarah Brownlie (nee Thienel) at Wilder Carbon, Robert Jenkins at Delancey and Matt Prescott at Heathrow. Thanks also to BusinessLDN for your support with this report and specifically thanks to Ioanna Mytilinaiou. Learn more here: https://bit.ly/4cN6ETo or contact Stephen Thompson to discuss. #WeAreArup #NetZero #Decarbonisation #Climate #UK #InspiringChange