Diego Saez-Gil, co-founder of Pachama, details carbon market expansion since the 2015 Paris Agreement.
Assertion Supported
Saez-Gil: A trillion trees could draw down 200 gigatons of carbon
“There is about one billion hectares in the planet that are available for forest restoration without competing with agriculture, In that land, you can plant about a trillion trees, and that trillion trees has the potential to draw down about 200 gigatons of car…”
Assertion Supported
Saez-Gil: Less than 2% of $80B carbon market funds forestry
“According to the World Bank last year, over eighty billion dollars went into carbon market initiatives around the world. And yet, when you look at the percentage of that funding that is going to forest conservation and restoration is less than two percent.”
Prediction Held up
Saez-Gil: New airline regulations demand 160M tons of carbon offsets annually
“All the airlines starting in twenty-twenty-one will have to offset their emissions. This is by regulations, right? Mm-hmm. It's called the Corsia Framework. Yeah. We are talking about a 160 million tons per year that are gonna be demanded by the market.”
Assertion Contradicted
Pachama's ML model predicts New England forest carbon under 1.5% error
“And we demonstrated, this is the work of, ah, Elias, who is the PhD that works with us, ah, for four years he was working on this and he demonstrated in New England, less than 1.5% error at predicting how much carbon is there in a forest, comparing...”
Insight
Founders do not need domain expertise, only resource attraction skills
“And you don't have to be an expert. That's the thing about entrepreneurship. You just have to be good at attracting, you know, resources, right?”
Assertion Supported
Agroforestry can produce higher yields than traditional monoculture agriculture
“It turns out, according to the data I read, that agriculture inside of a forest can actually produce more yield than traditional, you know, monoculture agriculture.”