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IDFA was proud to present a 1-hour webinar with The Climate Source on applying insetting strategies in dairy. As more companies build climate-focused action plans for their supply chains, more challenges seem to arise regarding financing and GHG accounting principles. It takes coordination and innovation to effectively manage greenhouse gas (GHG) emissions reductions and removals along the complex dairy value chain. For instance, we co-mingle milk close to the farm level, and then rebalance milk components for various customer and product needs.
This can cause measuring, monitoring, reporting, and verification (MMRV) headaches for tracking carbon improvements achieved on some farms. Experts Jessie Deelo and Benjamin Filippo from The Climate Source grounded the audience in the concept of carbon insetting and describe some of the approaches currently being developed in the marketplace.
Viewers can expect to:
- Clearly understand what is meant by “insetting” as opposed to “offsetting.”
- Hear discussion of challenges related to “credit” allocation, carbon intervention pricing, and “transition financing.”
- Learn The Climate Source’s unique approach to helping clients navigate insetting given the realities of complicated dairy supply chains.