Carbon Markets - How Do They Work?

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Carbon markets were created by the united nations to create an incentive, uh, to drive solutions to climate change. According to the war bank, last year, over 80 billion dollars went into carbon market initiatives around the world. But when you look at the percentage of that funding that is going to forest conservation and restoration, it's less than two percent. Buyers of carbonofsets stayed away from forest because of a lot of lack of credibility about projects.

Diego Saez Gil is the founder of Pachama. Pachama is building a marketplace where companies can support carbon offset projects.

The YC podcast is hosted by Craig Cannon.

Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.

Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/

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Topics

00:00 - Welcome Gustaf and Diego
01:19 - Diego's background
06:50 - What is Pachama?
09:25 - Using remote sensing to track carbon
11:37 - Connecting disparate groups
13:04 - How much carbon does a typical company offset?
15:28 - How big is the reforesting opportunity?
17:09 - What are the incentives to offset carbon?
18:40 - Why don't people trust carbon offsets?
20:33 - What are the different forest conservation methods?
25:20 - How does Pachama use technology?
29:00 - Growth challenges
30:20 - Who are the customers?
32:12 - The future of the carbon market
32:48 - Fundraising for a climate startup
37:50 - Advice for people that want to start working in the climate change space.
41:38 - Climate policy
43:23 - What are the most important things happening in the space?
45:10 - The benefits of agroforestry and permaculture