How Do We Measure Climate Impact? (It’s More Complex Than You Think)| Mr. Abhimanyu Rathi| RenewCred

The conversation delves into the measurement of climate change impact, the journey of a chemical engineer into climate impact, the policy and funding aspects of climate change projects, the verification and methodologies for carbon credits, challenges and improvements in carbon credit methodologies, and the role of companies in carbon credit offsetting. The conversation covers the decarbonization efforts in the aviation and shipping sectors, the scaling up of carbon markets and removal projects, challenges and considerations in carbon credit projects, net zero goals and decarbonization efforts, global collaboration and sustainable finance, and public engagement and responsibility in climate action.TakeawaysMeasuring Climate Change ImpactCarbon Credits and EmissionsMethodologies for Carbon Credit Verification Aviation and shipping sectors have started taking carbon emissions seriously and are working on decarbonization initiatives.Scaling up carbon markets and removal projects is a massive movement, with a focus on innovative solutions like Enhanced Rock Weathering (ERW) and Ocean Alkalinity Enhancement.The concept of additionality, permanence, and leakages are important factors to consider in carbon credit projects, along with the availability of real-time data for monitoring and verification.Chapters00:00 Understanding Climate Change Impact06:05 Carbon Credit Verification and Methodologies12:05 Challenges and Improvements in Carbon Credit Methodologies31:08 Role of Companies in Carbon Credit Offsetting36:25 Challenges and Considerations in Carbon Credit Projects43:32 Global Collaboration and Sustainable Finance57:34 Public Engagement and Responsibility