Billy Richards, CEO of Changeblock, discusses his company’s role in improving the integrity and accessibility of carbon markets at the Carter Capital sustainable tech and impact investing summit in Dubai. Changeblock uses data and technology to verify the impact of environmental projects, creating transparency and trust for investors. Richards highlights the importance of data-driven storytelling to showcase project impact and attract investment in sustainable initiatives, even small-scale ones. He also mentions plans for COP28, focusing on building integrity within the carbon market.
Highlights
- 🌍 Data-driven transparency: Changeblock uses data and technology to verify the environmental impact of projects, addressing fraud and lack of trust in the carbon market.
- 💰 Increased accessibility: The platform aims to make investing in environmental projects more accessible to individuals, enabling small-scale contributions to global sustainability.
- 🌱 Focus on impact: The company prioritises projects with demonstrable positive community and environmental impact, shifting away from solely KPI-focused initiatives.
- 🗣️ Storytelling: Changeblock emphasises the importance of effectively communicating the narrative of a project’s positive impact to attract investment and build trust.
- 🤝 Collaboration: Changeblock is collaborating with organisations like EY and the UN to develop and implement integrity frameworks within the carbon market.
