Climate Rising Building Integrity in Carbon Markets: A Conversation with Jennifer Jenkins of Rubicon Carbon
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Jan 15, 2025 Dr. Jennifer Jenkins, Chief Science Officer at Rubicon Carbon, brings decades of expertise in carbon cycling and ecosystem science. She discusses the crucial role of voluntary carbon markets in reaching net-zero goals and highlights the innovative Rubicon Carbon Integrity Framework. Dr. Jenkins addresses challenges like additionality and leakage in carbon credits and shares her insights on managing risks effectively. She also explores career paths in climate action, emphasizing the need for transparency and community engagement in the evolving carbon landscape.
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TPG's VCM Investment
- TPG invested heavily in the VCM after Mark Carney's task force.
- They believed in its potential for climate impact and helping achieve net zero.
Carbon Credit Lifecycle
- Carbon credits begin with project developers identifying at-risk areas, like forests.
- They work with communities to find alternative solutions and monitor impact compared to a baseline.
Leakage Risk
- Leakage occurs when preventing deforestation in one area simply shifts it elsewhere.
- This negates the intended climate benefit, as overall demand remains the same.