The Earthshot Podcast

Earthshot

The Earthshot Podcast is a project of Earthshot Labs. Our mission is to restore and protect nature at planetary scale, using carbon markets to support financing to meet the scale of the challenge.

  1. JAN 28

    What It Takes to Finance Nature: Greg Adams of Chestnut Carbon

    Greg Adams - CFO of Chestnut carbon (Greg's Linkedin: https://www.linkedin.com/in/greg-adams-0ba79a5/) https://chestnutcarbon.com/ What does it actually take to finance nature at scale — not in theory, but in practice? In this episode, Troy Carter speaks with Greg Adams, about what it took to turn large-scale reforestation in the U.S. into something banks, buyers, and long-term capital could support. Greg walks through Chestnut’s journey from early land acquisition to signing long-term offtake agreements with Microsoft, and ultimately closing one of the most significant project finance deals the nature-based carbon market has seen to date. The conversation goes deep into why contract structure matters, why land ownership changes the risk profile, and how lessons from energy and infrastructure finance can be applied to forests. They explore: Why long-term offtake agreements are foundational for scaling nature projects What made Chestnut’s reforestation projects bankable to major lenders How quality, integrity, and cost discipline have to coexist The role of registries and standards in building buyer confidence Why carbon markets need fewer “snowflakes” and more common structure How conservation can be both high-integrity and financially durable This is a candid, practical conversation for developers, financiers, buyers, and anyone trying to understand what it will take for restoration and reforestation to move from pilot projects to real infrastructure.

    50 min
  2. 11/13/2025

    Diego Justiniano on Scaling Carbon Removal from the Heart of Bolivia

    Diego's Linkedin: https://www.linkedin.com/in/diego-justiniano-aa92a09/ In this episode, Troy Carter speaks with Diego Justiniano, CEO of Exomad Green, about how Bolivia is building one of the most ambitious climate operations on the planet — and what it means for a nation to lead from its forests, not its factories.Exomad Green transforms what was once forest waste into biochar — a stable form of carbon that locks CO₂ away for centuries while restoring soil health. But this conversation isn’t just about biochar. It’s about the rise of a new kind of industry — one that’s circular, restorative, and deeply local.Troy and Diego discuss:- How Exomad Green built one of the world’s largest carbon removal operations- Why Bolivia’s forests can anchor a new era of regenerative industry- The challenges of scaling climate infrastructure in the Global South- What partnership and trust really mean in high-integrity carbon markets- How climate action can create jobs, dignity, and resilience — not just offsetsThis is a story about transformation - where industrial power meets ecological wisdom.From the heart of South America, Diego offers a vision of what a truly regenerative economy could look like when it begins with community, courage, and the forest itself. 🎙️ Listen on Spotify and YouTube: The Earthshot Podcast Overview of Exomad Exomad Green specializes in biochar production, transforming sustainable forestry waste—otherwise incinerated by sawmills—into biochar, a valuable resource that supports a circular economy and reduces environmental impact. Our biochar production plays a crucial role in carbon removal by sequestering CO2, aligning with global climate goals. With the support of the CDR market, we are able to donate our biochar production to local farmers and communities, enhancing agricultural yields and driving extensive research to advance sustainable farming practices. Exomad Green is committed to environmental stewardship, fostering local economic growth, and creating lasting benefits for communities and ecosystems. Website - www.exomadgreen.com

    35 min
  3. 11/04/2025

    Marcelo Behar on Brazil’s Bioeconomic Revolution Ahead of COP30

    Marcelo Behar on Brazil’s Bioeconomic Revolution Ahead of COP30 A special pre-COP30 conversation. Marcelo's LinkedIn: https://www.linkedin.com/in/marcelo-behar-0b5b5744/ As the world turns its attention to COP30 in Belém, this episode features Marcelo Behar - sociologist, lawyer, and Special Envoy for COP30, representing Brazil’s emerging bioeconomy movement. Marcelo joins Troy Carter to explore how Brazil is redefining climate leadership through bioeconomy, sociobioeconomy, and forest-based value creation. Together, they discuss the initiatives that could shift the global economy toward valuing standing forests and traditional knowledge - from the Tropical Forest Forever Facility (TFFF) to new models of carbon finance and circularity. This episode dives into: Why COP30 in the Amazon marks a historic turning point for climate diplomacy. How bioeconomic innovation is reshaping agriculture, finance, and energy. The role of traditional communities as stewards of biodiversity and cultural heritage. The design of the TFFF, a mechanism to channel lasting investment into tropical forests. The spirit of mutirão: Brazil’s idea of collective action - as the soul of regeneration. Marcelo reminds us that the answers to the climate crisis may not come from new technologies alone, but from reconnecting with the people and places that have always lived in balance with the Earth. 🎙️ Listen now on Spotify and YouTube : https://youtu.be/BOadr879Rvo

    17 min
  4. 09/25/2025

    From Commodities to Carbon - Luke Oliver on Building a Market That Works

    Luke's Linkedin: https://www.linkedin.com/in/luke-oliver-3054787/ Description: What happens when carbon markets are treated like any other commodity? In this episode, Troy Carter speaks with Luke Oliver, Head of Climate Investments at KraneShares, about the evolution of carbon as an asset class—and what that means for climate action. Luke shares his journey from managing some of the world’s largest commodity ETFs to leading carbon market strategy at KraneShares. Together, they unpack: Why compliance carbon markets (Europe, California) are maturing into powerful price signals. The volatility and “dot-com bubble” moments of voluntary markets—and what might survive the shakeout. The convergence challenge: when and how voluntary credits could integrate into compliance systems. Why capital flows depend on predictable demand signals and clear standards. A vision for scaling climate finance so it becomes “boring”—stable, investable, and massive in scale. If you want to understand where finance meets carbon markets - and why liquidity and trust are the missing links—this is an episode not to miss. Chapters: 00:00 Introduction to Climate Investments 05:56 The Evolution of Carbon Markets 12:02 Compliance vs. Voluntary Carbon Markets 17:45 The Future of Carbon Pricing and Market Dynamics 23:53 Understanding Market Dynamics in Carbon Trading 26:02 Navigating Early Stage Project Investments 27:39 The Role of Compliance in Carbon Markets 30:41 The Future of Carbon Investment Strategies 31:48 Envisioning a Sustainable Future 36:24 Innovative Solutions for Climate Action 39:38 The Economic Case for Ecological Restoration

    45 min
  5. 09/10/2025

    Ollie Potter on the Future of Nature Tech

    Ollie's Linkedin: https://www.linkedin.com/in/potterollie/ https://www.naturetechmemos.com/ Summary In this episode of The Earthshot Podcast, Troy Carter sits down with Ollie Potter, founder of NatureTech Memos and strategist at Deloitte, to explore the future of NatureTech and how innovation can move from hype to real-world impact. Ollie shares what he’s seeing across the climate startup landscape—from the explosion of MRV and CDR providers to overlooked opportunities like invasive species, ocean resilience, and bioprospecting. He also reflects on what corporates are getting right (and wrong) as they engage with climate and nature risk, and why storytelling and problem-first thinking matter more than ever. Key Takeaways We’re in a “second wave” of NatureTech: 400+ MRV and CDR providers, with the most successful solving real problems rather than chasing tech-first hype. Invasive species pose massive ecological and economic risks but remain under-discussed—an area ripe for innovation. Corporates in mining, energy, and agriculture are beginning to integrate nature-positive strategies, driven by material risk, not just regulation. New frontiers like bioprospecting show how ecosystems and AI discovery could create win–win models for conservation and industry. At the heart of it all: technology is only as strong as the trust and intention that guide its use. Chapters: 00:00 Introduction to Nature Tech and Ollie Potter 03:00 The Current Landscape of Nature Tech 06:04 Emerging Trends and Innovations in Nature Tech 08:48 Corporate Engagement in Nature and Sustainability 11:59 Understanding Material Risks in Supply Chains 14:51 The Intersection of Science and Storytelling 17:44 Nature Tech vs Climate Tech: A Comparative Analysis 20:40 Success Stories in Nature Tech 23:36 The Role of AI in Nature Tech 26:26 Ocean Conservation and Innovative Solutions 29:29 Community-Led Conservation Efforts 32:22 The Future of Nature Tech and Closing Thoughts

    42 min
4.6
out of 5
18 Ratings

About

The Earthshot Podcast is a project of Earthshot Labs. Our mission is to restore and protect nature at planetary scale, using carbon markets to support financing to meet the scale of the challenge.