On March 28th, 2023, Abatable hosted a webinar focused on building a science-aligned carbon procurement strategy. The event corresponded with the publication of Abatable’s report and guide on the same topic. Abatable's report and guide on building a science-aligned carbon procurement strategy through the VCM, can be downloaded here.
The webinar featured members of Abatable’s team:
- Valerio Magliulo, Co-Founder
- Maria Eugenia Filmanovic, Co-Founder
- Pauline Blanc, Policy and Strategy Lead, Abatable
Watch the recording of the event
Key insights from the webinar
The discussion focused on implementation strategies for putting our procurement guide to use, the main approaches companies are taking to building their carbon strategies, how to set a budget, tackle quality challenges, and how to secure buy-in from internal stakeholders.
Here are some of the key takeaways:
- Carbon credits can support key mitigation options, such as forest conservation and fuel switching, that are not cost-effective or lack policy incentives.
- Corporates should build their carbon procurement strategies today, to help close emissions gaps, tackle residual hard-to-abate emissions, and secure potential discounts relative to where prices may be in the future.
- Many companies are moving away from carbon neutrality pledges to climate contributions that provide greater alignment with supporting high-quality projects.
- The VCM can be complex to navigate and with the quality of projects difficult to asses. We recommend working with trusted partners who value integrity.
- Procurement strategies should be molded to specific company goals, cultures, finances, etc. to ensure success.
Leverage Abatable’s procurement guide
We have published our first guide discussing why companies should build a carbon credit procurement strategy today, key principles for ensuring your procurement strategy is science-aligned, recommended steps to take in the creation of the strategy, how to get internal stakeholders on board, and tackle quality challenges. Click here to download the report.