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Series 2, Episode 4: Carbon markets: how do they work?

We discuss the role of voluntary carbon offsets which allow market participants to offset unavoidable emissions, by purchasing carbon credits delivered through projects that remove or avoid greenhouse gases. 

By Bradley Davidson

ESG Lead

22 minute listen time

In this episode we are joined by Bill Gilbert, Head of Digital Innovation at NatWest.

We discuss the role of voluntary carbon offsets which allow market participants to offset unavoidable emissions, by purchasing carbon credits delivered through projects that remove or avoid greenhouse gases. Unlike compliance programmes, which are restricted to specific regions, the voluntary space is significantly more flexible and can support entities globally. This reach has meant that carbon offsets have developed into a $1 billion market with Mark Carney, the former Bank of England governor, estimating a rise to $50 billion by 2030.

But how do carbon markets work? What is Carbonplace? And can carbon offsetting be trusted?

 

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About our host

Bradley Davidson is ESG Lead at RBS International responsible for the development of our environmental, social and governance (ESG) strategy, implementation across the Bank and delivering sustainable finance structures to support the transition to a net zero economy.

His team raise awareness of customers’ impact and ensure they have access to products and services that enable sustainable choices as we align our own economic activity with global climate and social commitments.

He is passionate about sustainable and socio-economic development with the core belief that integrating ESG is not only the right thing to do but good business.

He sat the inaugural CFA UK ESG Investment Certificate’ exam in 2020 and achieved the CFA UK Diploma in Investment Management (ESG) qualification. He is a United Nations Sustainable Development Goal (SDG) Young Innovator.

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