Building a Trustworthy Market for Carbon Offsets: Part 1

Building a Trustworthy Market for Carbon Offsets: Part 1

by Bloomberg Stocks
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May 19, 2021

How do we build a market for carbon offsets that is both trustworthy and effective? Diego Saez Gil, co-founder and CEO of Pachama, believes he has the answer. In part 1 of the conversation, Diego joins Azeem Azhar to explore how AI, satellites, and LiDAR can be leveraged to verify the conservation efforts of farmers, NGOs, and governments and help lay the foundation for sustainable work against climate change.

They also discuss:

  • How the rapid cycles of a tech startup interact with the slower rhythms of forest ecology.
  • Why the tropics should be the focus of forest regeneration efforts.
  • Why the priority should be to achieve a “deep” carbon offset market, which is both a platform of exchange and an assurance of quality.


Further resources:

  • “How Data Helps Companies Honor Their Climate Goals” (Exponential View podcast, 2021)
  • “As concerns rise over forest carbon offsets, Pachama’s verified offset marketplace gets $15 million” (TechCrunch, 2021)
  • “Applying AI To Mitigate The Effects Of Climate Change” (Forbes, 2020)
  • “The merits of a global carbon offset market” (Financial Times, 2020)

HBR Presents is a network of podcasts curated by HBR editors, bringing you the best business ideas from the leading minds in management. The views and opinions expressed are solely those of the authors and do not necessarily reflect the official policy or position of Harvard Business Review or its affiliates.

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