Governance

As a carbon removal standard, marketplace and registry, Puro.earth is committed to the integrity and transparency of the carbon markets.

To ensure governance independence, Puro.earth has two separate governance bodies consisting of a Board of Directors and an external Advisory Board. The Board of Directors oversees the business and trading aspects of the marketplace and the Advisory Board oversees Puro Standard's methodologies and crediting rules. At the core of the Advisory Board’s mandate is ensuring high carbon credit integrity and robust principles for a science-based carbon removal standard.

Board of Directors

Fredrik Ekström, Chairman

Fredrik Ekström is President of Nasdaq Stockholm and Head of European Fixed Income and ESG. Ekström joined the OM Group in 1999 and has held various leading roles in clearing and fixed income throughout his career, including the role as Business Analyst at EDX in London and Head of Risk Management at NeoNet Securities. In 2010 he joined Nasdaq as Chief Risk Officer for Nasdaq Clearing. Over the past decade, he has held a variety of senior leadership roles, including President Nasdaq Clearing and Head of Nasdaq Nordic Fixed Income Exchange. Ekström holds a degree in Economics from Uppsala University. Ekström sits on the board of the Helsinki and Icelandic Exchange. He is also a member of the SNS Board of Trustee. SNS is an independent, non-profit organization and is Sweden’s premier venue for fact-based public debate.

Eve Tamme, Independent Board Member

Eve Tamme is a Senior Climate Policy Advisor with expertise on international carbon markets, including Article 6 of the Paris Agreement, the European Union Emissions Trading System (EU ETS) and the intersection of compliance and voluntary carbon markets. She is also experienced in Carbon Capture and Storage regulation, especially Direct Air Capture with CCS (DACCS) and Bioenergy with CCS (BECCS), the European Green Deal and the upcoming Carbon Removal Certification.

Jan Willem Bode, Independent Board Member

Jan-Willem Bode is an expert in the energy and sustainability industry with vast experience from the carbon offset market. He brings over 20 years of experience working on climate finance, project development and project finance, with expertise on the commercial aspect of carbon trading, climate risk assessment of investment portfolios, and revenue and business models within the context of the energy transition. 

Björn Sibbern

Pall Hardarson

Randall Zuccalmaglio

Mats Persson

Advisory Board

Chairman: Professor Myles Allen

Myles Allen is Professor of Geosystem Science in the School of Geography and the Environment and in the Department of Physics at the University of Oxford. He is Director of the Oxford Net Zero initiative, and credited with first demonstrating, 15 years ago, the need for ‘Net Zero’ carbon dioxide emissions to stop global warming. His research focuses on how human and natural influences on climate contribute to observed climate change and risks of extreme weather and in quantifying their implications for long-range climate forecasts.

Myles has served on the UN’s Intergovernmental Panel on Climate Change (IPCC) as Lead Author on ‘Detection of Climate Change and Attribution of Causes’ for the 3rd Assessment in 2001, as Review Editor on ‘Global Climate Projections’ for the 4th Assessment in 2007, and as Lead Author on ‘Detection and Attribution of Climate Change: from Global to Regional’ for the 5th Assessment in 2013.

Secretary: Mr. Jimmy Kvarnström, Nasdaq Deputy General Counsel, Co-head of European Surveillance

Jimmy Kvarnström is Deputy Counsel and manages the group that provides legal and regulatory support for Nasdaq's European regulated entities including Exchanges, a CCP, and CSDs. He also oversees the European Issuer Surveillance department, which is responsible for listing qualifications and monitors issuers on the Nordic Exchanges, in compliance of EU regulations. 

Ms. Nikki Batchelor, Director, XPRIZE Carbon Removal

Nikki Batchelor leads the $100M XPRIZE Carbon Removal, a competition supported by the Musk Foundation to drive innovation, scaling, and market adoption of carbon removal solutions. In this capacity she oversees program operations, develops partnerships, designs strategic initiatives, and supports XPRIZE’s work across the energy and climate domain. Previously, she managed operations and impact programs for the five-year $20M NRG COSIA Carbon XPRIZE, including the Circular Carbon Network which aims to catalyze commercial activity and provide market insights for the growing carbontech and carbon removal sectors.

Prior to that, she served as an Innovation Advisor for the U.S. Agency for International Development, designing and executing challenge programs and impact frameworks, as well as managing operations for programs in Iraq and Afghanistan. Additionally, she has worked as a Strategist for NationBuilder, a software start-up developing product and communication strategies and expansion into new markets. Nikki holds an MBA from George Washington University.

Dr. Mai Bui

Dr Mai Bui has over 10 years of experience in research on carbon capture and storage (CCS) technologies. She explores the techno-economic and deployment potential of CCS technologies in a range of different applications, including power, industry and for CO2 removal from the atmosphere (i.e., bioenergy with CCS, or direct air capture technologies). She has first-hand experience in designing experimental test campaigns for both pilot-scale and demonstration-scale CCS plants, as well as expertise in developing chemical process models.

In 2021, she and her co-authors were awarded the Junior Moulton Medal by the Institute of Chemical Engineers (IChemE) for their research on CO2 capture technology development. Since completing her PhD in early 2016, Mai has published 21 journal papers, several technical reports, book chapters and two edited books on Carbon Capture and Storage and Greenhouse Gas Removal Technologies. She also works as a consultant, providing her expertise on clean energy and carbon management solutions to clients in the private and public sectors.

Mr. Todd Flach, Bellona NGO

Todd is a Senior Advisor for CCS (CO2 Capture and storage) in The Bellona Foundation in Oslo, Norway. He has been working on a range of challenges spanning technology, safety, security, advocacy, public acceptance, project management, and more within CCS since 2003.  This includes projects and clients for a variety of projects located on almost every continent. Prior to that, he worked as a specialist in reservoir technology in the oil and gas industry. Todd holds a Master's degree in engineering from The University of Texas (Austin).

Ms. Larissa Lee Beck, Clean Air Task Force

Lee Beck is Clean Air Task Force’s International Director for Carbon Capture. In this capacity, Lee co-directs the Carbon Capture Program and leads our engagement on US federal carbon capture and CO2 infrastructure policy, and the EU carbon capture and removal program. Lee was part of the core team building CATF’s presence in Europe and as an EU citizen living in the US is passionate about advancing and strengthening the transatlantic relationship on climate. Lee has worked on clean energy and climate policy on both sides of the Atlantic, and is also a Nonresident Senior Fellow at the Atlantic Council Global Energy Center.

Lee comes to CATF from the Global CCS Institute where she served as a Senior Advisor leading the Institute’s advocacy efforts in North America, and was part of a global team focused on advocacy and policy. While at the Institute, she has significantly increased their presence in policymaker education efforts on climate change, as well as the need for technology innovation and deployment. She has a Master of Arts in International Affairs & Economics with majors in Energy, Resources & Environment and Political Economy from Johns Hopkins University’s School of Advanced International Studies (SAIS).

Mr. Remi Bouteille, Climate Pathfinders

Remi serves as Strategic Advisor for the Climate Pathfinders Foundation where he allocates grants and capital toward high impact overlooked climate solutions. His focus is on emerging carbon dioxide removal (CDR) research, super pollutants [methane, HFC/CFC, NO2, black carbon] and CDR advocacy initiatives. Remi is passionate to discover and scale a wide array of solutions to ensure a stable climate.

Remi spent 20 years at JPMorgan Chase as Deputy CIO and CRO of the hedge fund business, with a focus on restructuring and upgrading various business lines within the bank. He has a Science and Engineering BA from the University of Paris VI and a double MBA from UMass and Neoma. Remi also serves as board chair of The Climate Map and Carbon Removal Advocacy Europe [CRAE].

Puro.earth Oy (limited company) corporate status and financials can be downloaded from the Finnish Trade Registry

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