Available on demand on
June 27, 2024
June 27, 2024
at
11:00 am

Carbon removal procurement playbook with U.S. Department of Energy, Bain & Company, and Charm Industrial

About The Webinar

The U.S. government’s recently released Joint Policy Statement and Principles for High-Integrity Voluntary Carbon Markets proves the imperative for corporate sustainability leaders to integrate high-integrity carbon credits into a best-practice sustainability strategy. It’s a sea change for the voluntary carbon market (VCM).

But what hasn’t changed is the ever-evolving nature of the VCM — discovering, vetting, and ultimately procuring high-integrity credits is a complex process that demands deep understanding of policy, standards, science, and market conditions.

Sustainability leaders need to level up their expertise in order to jumpstart the development of innovative, high-integrity carbon removal projects. To help with this acceleration and to blaze a trail for the private sector to follow, the U.S. Department of Energy (DOE) launched the world’s first public carbon removal credit purchasing program, the Carbon Dioxide Removal Purchase Pilot Prize

With this program, the DOE has provided in-depth diligence and research to select 24 semifinalist projects developing some of the most promising technologies, including direct air capture, enhanced rock weathering, and biomass carbon removal with storage. By creating a rigorous process to select projects for multi-million dollar purchase agreements, the U.S. government has also provided expert-level project vetting you can leverage as a private buyer. Later this year the DOE will launch a twin recognition program, the Voluntary Carbon Dioxide Removal Purchasing Challenge, to recognize private carbon removal purchases.

Patch has brought together leaders from the DOE, Bain & Company, and Charm Industrial to dig into the science behind the semifinalist projects and how buyers can draft off this process to accelerate high-integrity carbon removal.

In this webinar, you’ll learn:

  • Details on the U.S. government’s position on engaging with high-integrity voluntary carbon markets
  • About the U.S. Department of Energy CDR Purchase Prize and semifinalist projects that have already been selected 
  • How the private sector can piggyback on the U.S. government’s due diligence process to help scale carbon removal faster

Speakers

Moderator

Lucy Hargreaves
Corporate Affairs and Climate Policy
Patch

Register to watch

Register now
You’re registered for

Innovating for climate action: accelerating the development of carbon removal

A confirmation email is on its way
Please enter a valid email address

Recent webinars

The new era of climate finance: A year-end review and look at what’s ahead for carbon markets
Climate Conversations
Lisa DeMarco
Lisa DeMarco
Resilient
Chelsea Bryant
Chelsea Bryant
BMO Capital Markets
Mark Kenber
Mark Kenber
VCMI

The new era of climate finance: A year-end review and look at what’s ahead for carbon markets

Watch now
How to set an internal carbon price and budget
Ben Field
Ben Field
Patch
Injy Johnstone
Injy Johnstone
University of Oxford and Associate Member of St Antony’s College
Lizzy Coad
Lizzy Coad
Boston Consulting Group

How to set an internal carbon price and budget

Watch now
Unlocking access to limited supply of high-integrity nature-based removals
Jess Roberts
Jess Roberts
Sylvera
Lygia Faiman
Lygia Faiman
re.green
Adam Humphreys
Adam Humphreys
Patch

Unlocking access to limited supply of high-integrity nature-based removals

Watch now
By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.