Secured Carbon
As of April 2022, the global concentration of CO2 is 417 ppm and rising at a rate of 3ppm per year.
Our goal is to verify country, municipal and company performance against legally binding 2015 Paris Accord commitments to stay below 430 ppm CO2 and quickly scale investment in measures that work.
Background
At the currently measured concentration of 417 parts per million (ppm) C02 in our atmosphere, we are fast approaching the 430 ppm threshold that scientists have warned will increase global warming by 1.5 ºC. Our cities contribute 70% of those emissions. Meanwhile global CO2 concentrations in the atmosphere continue to rise like clockwork at an average of 3 ppm.
What gets measured gets managed.
We were surprised in our climate engineering research and conversations with scientists and governments to learn that there are no standard local CO2 or CH4 emissions air monitoring systems in place.
Good intentions to fund carbon offsets “over there” are well-meant, and they need to be better verified. But those projects don’t help us or teach us how to reduce emissions where it matters most — here in our cities.
To flatten the CO2 curve and we need to inform our investments in both sinks and sources with reality and accelerate a mature decarbonization market to trade a gigaton of legitimate carbon credits in 2022.