On 3 October 2025, the Financial Services Committee and the Energy & Decarbonisation Committee of the Brazilian Chamber of Commerce in Great Britain held the 'Capital, Carbon and Conservation: Investing in Brazil for Net Zero Gains' seminar hosted at A&O Shearman, which formed part of Brazil Investment Week 2025.
We extend our sincere thanks to A&O Shearman for their generous support and to their entire team for hosting us.
A special thank you to our excellent speakers for sharing their insights on the opportunities and challenges of investing in physical carbon credit–generating assets:
-
Malek Al-Chalabi (Shell)
-
Ken Rivlin (A&O Shearman)
-
Anthony Stevens (Northern Trust)
-
Ciaran Kelly (Go Balance)
-
Alex Leite (NaturAll Carbon)
-
Tiago Cruz Alexandre (BB Securities)
-
Henry Waite (Kumo)
We are also grateful to our moderators, Simon Davies and Daniella Carneiro, for guiding the discussion so effectively.
The seminar explored the drivers shaping the voluntary and compliance carbon markets, with a particular focus on Brazil’s unique role and investment potential. The exchange of perspectives between financial services and market specialists highlighted both the opportunities and complexities of carbon as a financial asset class.
The event recording is now available in two parts:
-
Part 1: Presentations and discussion moderated by Daniella Carneiro, featuring Tiago Cruz Alexandre and Anthony Stevens (note: Malek Al-Chalabi’s presentation is not included in the recording).
-
Part 2: Panel Discussion moderated by Simon Davies, followed by Ken Rivlin's address and closing remarks
Speakers: Ciaran Kelly (Go Balance), Alex Leite (NaturAll Carbon), Henry Waite (Kumo) and Ken Rivlin (A&O Shearman)
Thank you to everyone who joined us and contributed to a rich discussion.
Photography: Timecrystal
With support from:
