There ‘s 2.4 trillion euro of carbon hidden in supply chains, according to Carbonsig.com, which is seeking to make it visible.
That’s 40 billion tons at 60 euros a ton.
Big companies are measuring the carbon in their supply chains in a bid to lower their impact on the climate.
The European Union’s plan for a carbon border adjustment around 2025 is making this urgent.
Nick Gogerty, managing director of Carbon Finance Labs at Oxy Low-Carbon Ventures asks:
Are you buying products that will sell with a carbon $ premium or remain unsellable due to legacy dirty technology? Need a #CBAM tool? Need to create new lower carbon products and services (shipping, electricity, energy, steel, hydrogen)?
Need to match your product with #carbon offsets or removals to reduce the net match to 0 or below?
Carbonsig is part of Carbon Finance Labs
Attend this event on Nov. 9:
From International Emissions Trading Association program:
DIGITAL CARBON DECLARATIONS FOR PRODUCTS AND SERVICES REVEALED:
FROM CONSUMERS TO Carbon Border Adjustment Mechanisms
40 billion tons of CO2e / yr ends up in the atmosphere
Most economic value-adding activity involves energy as Carbon-adding activity. economic activity has price tags, Digital Carbon tags are coming to reveal the hidden currency of product carbon.
In the near future, Digital carbon declarations will be required to win product RFPs, pass customs declarations, win consumer marketplaces and do business. Explore some tools and trends shaping these things.
Carbon Finance Labs will highlight a new tool for creating, tracking and managing carbon declarations across supply chains for all products and services. A new open source initiative CARML (carbon markup language) will also be shared for putting the carbon context using existing systems and actors.
In addition, a leading attorney and carbon thinker will highlight the state of legal Carbon declarations in the consumer and commercial speech arenas. Lisa De Marco https://resilientllp.com/professionals/lisademarco/
A leading specialist in consumer brands and supply chains will highlight how declarations for reduced, zero and even negative carbon declarations may shape the winners and losers in the “clean” carbon economy. Katherine Foster, Open Earth https://www.linkedin.com/in/katherinefoster/
Planned moderator Mathew Carr
The program listing from IETA, page 29: https://www.ieta.org/resources/COP26/COP26%20IETA%20BusinessHub%20Program%20Guide.pdf