Billions of credits traded on carbon markets worldwide have failed to move the needle for 20+ years. What changes will make them work?
The trading of credits on voluntary and compliance carbon markets worldwide has failed to reduce emissions over the past 20+ years. In this episode, Aldyen Donnelly, co-founder of Nori, a carbon removal marketplace, shares extensive wisdom and a roadmap for success. This episode covers the gamut of problems and solutions including why trading emissions rights doesn't work, why farmers and buyers don't have market access while brokers take 60% to 70% fees, why storing carbon in top-soil is the right place to start, why trading carbon removal — not CO2 emission rights— is fundamental, how blockchain can support supply chain traceability from farm to fork, and why crypto as an investment vehicle aligns investors and customers. Tune in to find out why Aldyen is firmly optimistic and believes the precipice of change has arrived.