Carbon Growth Partners CEO discusses climate finance and carbon markets

Rich Gilmore, CEO of Carbon Growth Partners, stated that solving the climate crisis requires stopping deforestation and burning. He outlined mitigation through emissions reduction and nature protection, financed by carbon markets, and adaptation via natural infrastructure. Gilmore emphasised that carbon markets should redirect finance from those causing climate change to those solving it, primarily in the 'majority world'. He noted that the mechanisms exist, but willingness to pay and shifting who pays are currently lacking.