Patch’s Post

View organization page for Patch, graphic

25,961 followers

How to unlock billions — Phase 3: Diligence It’s hard to overstate how much diligence blocks companies from engaging in carbon markets. It is often the largest drain on human resources in the procurement process. Even companies outsourcing the task find the time periods to be long and the outputs complicated. Here’s a challenge: leave your best guess in the comments for how many employee-hours it takes to diligence a typical carbon credit portfolio. Then click through to this page to find out the answer: https://lnkd.in/eRMEC_Fj You might think it’s impossible to scale a diligence process which is so heavily dependent on human expertise and effort — but we’re working on some exciting solutions. How Patch is working to solve the diligence phase: - Patch has created a stringent Project Acceptance Criteria, which evaluates 200+ project attributes against the latest science, methodologies, and standards. - The Patch platform uses AI to translate disparate project documentation, third party ratings, and information from verifiers into standardized data, resulting in faster, more consistent diligence and easier comparisons across projects. - Patch’s carbon market experts translate project data into digestible diligence evaluations and analysis to streamline the matching process.

To view or add a comment, sign in

Explore topics