Climate Rising

How Amazon Approaches Carbon Markets and Climate Neutralization

12 snips
Jan 21, 2026
Jamey Mulligan, the Head of Carbon Neutralization Science and Strategy at Amazon, discusses the company's ambitious net-zero goals. He explains their three-part strategy focusing on emissions measurement, value chain decarbonization, and high-impact carbon mitigation. Jamey highlights Amazon's clean energy investments, including a partnership with Rivian for electric delivery vans. He also addresses the credibility crisis in carbon markets, introducing the innovative Abacus carbon credit label designed to enhance market integrity and improve access for partners.
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ANECDOTE

Rivian Deal As An Advanced Purchase Playbook

  • Amazon used the advanced-purchase playbook—like power purchase agreements—to enable Rivian and scale electric delivery vans.
  • These forward commitments reduce financing risk and accelerate new low-carbon solutions.
INSIGHT

Quality And Scale Gaps In Carbon Markets

  • The voluntary carbon market has both quality and scale problems, requiring buyers to push for higher-integrity approaches.
  • Amazon concluded it couldn't rely solely on legacy standards for long-term offtakes and chose to help create better rules.
ANECDOTE

Creating Abacus To Secure Long-Term Offtakes

  • To scale nature-based removal, Amazon committed to 12–15 year bankable offtakes and then helped design stronger methodology requirements.
  • That work led to the Abacus label in Verra's ecosystem to future-proof long-term deals.
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