Patch

Think of how complex the global fossil fuel industry is: extraction, transportation, all kinds of physical infrastructure throughout the built environment — but also the economic and policy infrastructure to support it. That's something like what the CDR industry needs to look like at scale. We need to build that infrastructure as fast as possible, which means the interdisciplinary knowledge share has to happen immediately. That’s why we ran our Brussels CDR tour: to put corporate buyers in the room with policy, protocols, and hardware. We took more than a dozen leaders to Belgium to hear from Christian Holzleitner at the European Commission, inside Sirona Technologies’s DAC R&D and production facilities, and to learn from Isometric on protocols and MRV, closing with IETA’s Svea Nyberg to connect policy to market reality. Here were some very high level takeaways from the event: • The voluntary market is a bridge to compliance markets, so look for ways to future-proof your portfolio. • CDR hardware needs networks: capture, transport, and storage must scale together. • Buyers need clarity on “residual emissions,” eligibility, and how voluntary action translates to future compliance. Thank you to our hosts and partners and to every delegate who showed up with hard questions and real‑world context. Want a Brussels briefing or to join the next CDR field tour? Let us know!

Our own Dan Wesche, PhD has some incisive thoughts on SBTi's latest draft guidance around scope 3. It's one of the most complicated pieces of the decarbonization puzzle: what do companies do about the emissions responsibility they share with their supply partners? Scope 3 doesn't have to be a barrier to action — it can actually unlock catalytic potential for real, global reductions. Dan unpacks what's changed here. Follow him for more analysis of SBTi, scope 3, supplier engagement, and more.

Demand for high-quality carbon removal is growing fast, and buyers are increasingly using offtake agreements to give suppliers the certainty they need to scale. That demand will ultimately drive new supply. That’s the perspective Isometric Chief Commercial Officer Lukas May shared with Reuters’ Simon Jessop in today’s article on how rising demand for CDR is giving suppliers the confidence to invest and build. Read the full article, including insights from Alastair Collier (A Healthier Earth) and Brennan Spellacy (Patch): https://lnkd.in/enhUvgrY

"The companies that are performing well are investing heavily, and the reason why these companies are performing well is AI. So AI's driving profit and profit's driving investment." Our CEO Brennan Spellacy chatted with Reuters' Simon Jessop at #COP30 in Belém last week. The whole article is worth a read, but let's call attention to the supply crunch the article focuses on. This is a look at where demand sits by project type within the voluntary carbon market: massive demand for biochar, ARR, and enhanced rock weathering. But the supply for these projects is inherently limited right now. Biochar and ERW generally speaking aren't at scale yet, and ARR projects are constricted (in part) by land use considerations and the time it takes for trees to grow. Buyers need to be opportunistic in the market, especially when it comes to in-demand projects, but they also need a wider view of supply alternatives — both within their top project types and outside of them. We can help. We wrote a whole guide on credit procurement that pulls back the curtain on the market dynamics at play here. Links in the comments to both the data report and procurement guide. https://lnkd.in/enhUvgrY

Here are a few photos from last week's roundtable with Goals House that represent the feelings coming out of that session: optimism. #COP is always a mixture of emotions — there are intensely sobering presentations about the state of the transition (too slow, too unevenly distributed), but then there's also the unmistakable high that comes with spending time with like-minded leaders who are serious about solving real world challenges. Huge thanks to all who attended, and also to our session panelists Rafael Mezzasalma, Dr Injy Johnstone, and Lyndsay Harris Kyei.

Our CEO Brennan is at #COP30. One of the early takeaways is the need for partnerships instead of acting unilaterally. Going alone seems practical because it puts you in the driver's seat. You can go as deep into diligence as you're able; you can decide and execute as fast as you can. But those are the limiting factors — capability and speed. Another early takeaway: we're not moving fast enough against our goals. While organizations are looking for ways to reduce their risk and increase their impact, urgency HAS to be one of the highest considerations.

Patch and Goals House are proud to announce that Nokia's Rafael Mezzasalma will be joining Lyndsay Harris Kyei and Dr Injy Johnstone at our session this Friday at #COP30 in Belém, Brazil. Rafael and Nokia are leaders when it comes to incorporating carbon into budgeting structures, and it manifests in real processes for decarbonizing complex global supply chains. You can expect to hear from all our speakers real, pragmatic strategies for climate action you can replicate in your business model. If you're able to attend, please register to attend here: https://www.patch.io/cop30

This Friday at #COP30 — Register here: https://www.patch.io/cop30 Our hope for this year's Conference of the Parties is for all of us to leave with action plans for the year focused on results, not rhetoric. That's why we're excited for our session in Belém alongside Goals House featuring globally-recognized leaders in real climate impact: Dr Injy Johnstone, Research Fellow in Net-Zero Aligned Offsetting, University of Oxford and Lyndsay Harris Kyei, Vice President of Global Impact & Sustainability, ServiceNow. This session will highlight a path to impactful action within carbon markets for corporate sustainability leaders. If you're attending COP30 this week, please apply to register using the link or email karla@patch.io.