Sandeep Roy Choudhury

It's for this 93.6, and that's the important point.

This also allows companies.

This is not a license to pollute.

This allows companies to take responsibility for these emissions, yes, but it also allows these companies to work beyond their boundaries and help things like the energy transition, things like planting mangroves in some other country, for the communities.

Communities, the frontline communities who bear the brunt of climate change every day of their lives, I actually call them the first responders, not the vulnerable.

It's an important distinction to make.

Solutions can and should reach every part of the planet, from the tropics of the Papua to the deserts of the Sahel to the settlements of the Amazon, everywhere.

Think of carbon credits as a bridge.

An agile bridge, it gets you funding right now.

We need finance now.

And that's an important concept.

So, sometimes, you know, we're called the wild, wild west, the carbon markets.

I have been working in carbon for almost two decades now, and I have seen the difference it can make.

I'll take you to Indonesia.

There was this NGO that reached out to us in 2021 and said, we want to build a wall of mangroves.

I said, why?

They said, in 2004, when the tsunami hit, all those islands which had standing mangroves, the waves, they were tackled faster, and then, hence, there was less destruction in those islands.

Again, you have to remember that public climate finance is slow to reach these last mile communities because it's steeped in bureaucracy and geopolitics.

Geopolitics people, the world we live today.

And they came to us and we made it happen through carbon credits.