What’s on

Home > Exploring risk & uncertainty for actors in the new GGR sector

Exploring risk & uncertainty for actors in the new GGR sector

Scaling the new Greenhouse Gas Removal (GGR) sector is an unprecedented challenge. It requires interventions that address risk and uncertainty in order to encourage actors to engage in the negative emissions market as it transitions and to ensure that risk is not placed on tax payers.

This CO₂RE event explored a central question: how does the market deal with the variety of GGR approaches, each with different degrees of permanence (the length of time removed carbon is stored out of the atmosphere) and reversal risk (the risk that the stored carbon is released)?

Three expert speakers debated three possible approaches proposed in a recent Bellona paper, providing perspectives from civil society, the insurance sector and GGR project developers.

Approaches and panelists:

• Separate the markets for different GGRs – Adam Whitmore, Bellona UK

• Use exchange rates – Natalia Dorfman, co-founder Kita

• Have an obligation to deliver permanence (and replace reversals) – Chris Manson-Whitton, Progressive Energy

The discussion was chaired by Professor Cameron Hepburn, Principal Investigator of CO₂RE, the Greenhouse Gas Removal Hub and Director of the Smith School, University of Oxford. There will also be time for audience Q&A.

The event was likely of particular interest to policymakers, GGR innovators and project developers, financial investors, academics and research institutes, carbon crediting organisations, the insurance and legal sectors, and civil society.

CO₂RE is tackling the issue of risk and uncertainty through its cross-cutting research programme on GGR which includes research on economic policies and incentives; business models; governance, legal and ethical factors; monitoring, reporting and verification; and public values.

This debate was part of a series of events on Market Transition Risk, and follows an earlier event on Building the new GGR industry: What roles for the government and private sector?

Watch event recording on YouTube.

Event details

Event date:
February 8, 2023

Event time:
5:30 pm

Location:

Oxford Martin School, University of Oxford

About the event:

Join experts as they discuss how the new Greenhouse Gas Removal (GGR) sector should be structured to enable confidence and rapid growth.

More events

GGR Insights: What types of CDR are ‘nature-based solutions’?
GGR Insights: What types of CDR are ‘nature-based solutions’?

This is the third in our series of online webinars, GGR Insights, presenting the latest research and debating what is needed to enable ... Read more

GGR Insights: A taxonomy of policies to support carbon dioxide removal
GGR Insights: A taxonomy of policies to support carbon dioxide removal

This is the second in our series of online webinars, GGR Insights, presenting the latest research and debating what is needed to ... Read more

GGR Insights: Critical factors in financing GGR technologies from 2026 onwards
GGR Insights: Critical factors in financing GGR technologies from 2026 onwards

Over the coming months, the CO2RE Hub will be hosting a series of online webinars, GGR Insights, to present the latest research and ... Read more

Loading...
CO₂RE - The Greenhouse Gas Removal Hub
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.