News

25/10/2023

ITN Business and Climate Action Data Trust Announce Exciting New Programme exploring Carbon Markets, Data Power and Innovation

Launched at the International Emissions Trading Association’s (IETA) Asia Climate Summit in Tokyo on 25th October 2023.

[London, 25th October 2023] – ITN Business has partnered with the Climate Action Data Trust to produce a news-style programme that delves into the world of data and innovation in carbon markets, enhancing transparency and integrity,

Carbon markets play an important role in climate action by providing economic incentives for reducing greenhouse gas emissions while driving much needed finance that supports nature and benefits local communities. The campaign demonstrates how accurate, transparent, and accessible carbon market data can drive real-world impact, and facilitate collective efforts towards a net zero future. Presented by English meteorologist, author, and TV presenter Clare Nasir from the ITN London Studio, Carbon Markets: The Power of Data and Innovation explores the real-world impact of accurate and accessible carbon market data, highlighting tangible effects  it has on the strategies countries and companies adopt to reduce their greenhouse gas emissions. The programme showcases the data-driven solutions and transformative power of technology in driving greater transparency and efficiency to strengthen and accelerate climate action and aims to educate and empower companies and policymakers to leverage carbon market data for decarbonization strategies, policies and climate storytelling.

Carbon Markets: The Power of Data and Innovation features interviews with CAD Trust’s Executive Director Dinesh Babu discussing the short and long term aims for the CAD Trust, and Manager, Climate Finance & Economics at the World Bank, Hania Dawood, discussing the World Bank’s pivotal role in digitising carbon markets. The programme also includes reporter-led sponsored editorial profile from the following organisations:

  • Chloris Geospatial has developed unique software that gives reliable data on carbon stored in forests and trees with the speed, scalability and accuracy required for the transition to net-zero.
  • CSES (Center for Social Value Enhancement Studies) CSES in Seoul discusses their Environment Protection Credit scheme which is an incentive for companies to reduce their carbon footprint and a mechanism which has data very much at its core.
  • GAIT Global claims its use of satellites and AI provides a robust, world class and real-time measure of carbon in the atmosphere. The Singapore based group has an interest in 100,000 square kilometres of carbon projects around the world including the one that we visited in Borneo.
  • InterOpera, Singapore based company, discuss how its new carbon asset exchange platform will support businesses on their journey to carbon neutrality.

Carbon Markets: The Power of Data & Innovation launches at the IETA Asia Climate Summit in Tokyo on 25th October 2023. Following the launch, the programme will be hosted on the ITN Business content hub and the New Scientist website and will be supported by an advertising campaign via the New Scientist and The Economist.

This Programme highlights our commitment to shaping a narrative that transcends mere numbers, focusing instead on the real stories of change, and showcasing how transparent data can catalyse collective action towards a net-zero future. With our launch at the Asia Climate Summit, we acknowledge that our journey is far from over. Each data set we publish, every insight we unveil, brings us one step closer to realising the immense potential of carbon markets” said Dinesh Babu, Executive Director of CAD Trust.

Nina Harrison-Bell, Head of ITN Business said “Climate action is high on everyone’s agenda, and we want to celebrate those acting efficiently, effectively and transparently. Partnering with the Climate Action Data Trust is a natural fit for this programme, as they foster transparency in carbon markets through open data. By humanising the data and showcasing innovative solutions, the campaign shifts the narrative from abstract data and numbers to compelling stories of change.”

 

Watch the Full Programme on the IETA website: https://www.ieta.org/carbon-markets-the-power-of-data-innovation/