A final solution is education. Richard H Lawrence Jr, chair of both the Asia-focused asset manager Overlook Investments Group and of the non-profit Carbon Mapper, hopes to see a climate equivalent to the grueling qualification known as the Chartered Financial Analyst program: a qualification to become a Chartered Carbon Analyst.
Training could help companies seek the highest-quality credits and build trust, Lawrence said. “We have to spot the dirty secrets [poor-quality carbon credits] that scheisters take advantage of, but at the same time we have to educate the board of directors.”