Item Link: Access the Resource
Date of Publication: November 24
Year of Publication: 2023
Publication City: Nairobi, Kenya
Publisher: Centre for Science and Technology Innovations
Deep dive webinar where we embarked on a riveting discussion that transcends typical carbon strategies, delving into the intricate world of carbon credits as intangible assets, and challenging the conventional notions of commodities.
Speakers:
๐ฃ๐ฟ๐ผ๐ณ. ๐๐ฎ๐๐ถ๐ฑ ๐๐๐ธ๐ฒ Professor in Practice and Strategic Director, Firoz Lalji Institute for Africa, London School of Economicsย
๐๐ถ๐ป๐ป ๐ข’๐ ๐๐ถ๐ฟ๐ฐ๐ต๐ฒ๐ฎ๐ฟ๐๐ฎ๐ถ๐ด๐ต Director of Policy and Markets, BeZero Carbonย
๐๐ฒ๐ฐ๐ถ๐น๐ถ๐ฎ ๐ช๐ฎ๐ป๐ฑ๐ถ๐ด๐ฎ Executive Director, Centre for Science & Technology Innovations (CSTI)
Discussion Topics:
๐๐ฒ๐๐ผ๐ป๐ฑ ๐ญ๐ฒ๐ฟ๐ผ ๐๐ฎ๐ฟ๐ฏ๐ผ๐ป: Understanding the nuanced landscape of carbon credits, emphasizing their status as intangible assets, opening avenues for a paradigm shift in sustainable business practices.
๐๐ผ๐บ๐บ๐๐ป๐ถ๐๐ ๐๐ผ๐น๐น๐ฎ๐ฏ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป: Unveiling the complexities of future community collaboration with the private sector, we questioned how the intangible nature of carbon credits impacts the distribution of benefits, particularly in mega-projects.
๐๐ฃ ๐ฅ๐ถ๐ด๐ต๐๐: Dissecting the intersection of intellectual property (IP) rights with carbon credit dynamics, revealing the potential for transformative changes in the way communities engage with, and benefit from these environmental assets.
๐ฆ๐ฐ๐ฟ๐๐๐ถ๐ป๐ ๐ผ๐ป ๐ ๐ฒ๐ด๐ฎ-๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐๐:The discussion highlighted the anticipated scrutiny faced by mega-projects, emphasizing the urgency for transparency and accountability in the pursuit of future sustainability.
๐ฅ๐๐ฟ๐ฎ๐น ๐๐ผ๐บ๐บ๐๐ป๐ถ๐๐ถ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐๐ฒ๐ณ๐ผ๐ฟ๐ฒ๐๐๐ฎ๐๐ถ๐ผ๐ป: Addressing a critical concern, we analyzed the anticipated disparity in the distribution of future project proceeds, highlighting the need for a recalibration of future business practices to ensure rural communities fighting deforestation truly reap the rewards. This future webinar serves as a future call to action, urging a future reevaluation of industry practices and a commitment to genuine collaboration, transparency, and equitable distribution of benefits in the pursuit of a sustainable future.
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