BeZero Carbon has formed an Advisory Board aimed at providing independent advice and guidance to bolster the burgeoning carbon markets.
This move comes as the financial potential of these markets is increasingly recognized, with projections indicating they could be worth billions in the coming decade.
BeZero Carbon is known for its comprehensive risk-based ratings, which play a crucial role in providing investors with the confidence needed to channel capital into carbon markets. These markets are viewed as pivotal for facilitating the transition towards a net-zero carbon economy. The newly established Board comprises distinguished figures from various sectors, including climate science, environmental economics, and green finance, ensuring a broad spectrum of expertise.
On the Board, Dr Rhian-Mari Thomas, Chief Executive of the Green Finance Institute, stands out with her extensive background in corporate finance and advisory roles in numerous UK government boards. Joining her is Cameron Hepburn, Professor of Environmental Economics at the University of Oxford, who brings a rich experience as a former adviser to the UK Secretary of State for Energy and Climate Change. Dr Pernille Holtedahl, with her deep expertise in green finance, particularly in green bonds and public-private financing of natural capital, also joins the board.
Alicia Seiger, Managing Director of the Sustainable Finance Initiative at the Standard Doerr School of Sustainability, and Dr. Laura-Marie Töpfer, Chief Sustainability Officer at Microsoft for Western Europe, will contribute their significant experience in energy policy and sustainability technology, respectively.
Sebastien Cross, Chief Innovation Officer and co-founder of BeZero Carbon, expressed enthusiasm about the new board: “We’re delighted to welcome such an esteemed line-up of environmental and policy experts to our independent Advisory Board. Carbon markets will help accelerate the net zero transition – and it’s therefore crucial that they are scrutinised so they scale effectively,” he said.
Professor Hepburn highlighted the critical role of carbon markets: “The offset market needs to mature into a more sustainable and sensible phase. Carbon offsets are a vital tool for reaching net zero, especially in the final stages,” he noted.
Alicia Seiger shared her anticipation of contributing to the market’s evolution: “Carbon markets have the potential to deliver progress or peril in the pursuit of rapid decarbonization. Having been an entrepreneur building the voluntary carbon market twenty years ago, I’m excited to combine my academic and practitioner perspectives to help leaders today learn from the past and build better futures. BeZero’s leadership has been receptive to my tough love, and I appreciate the opportunity to give it,” she said.
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