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Eric Pitt
Capital markets as a tool to address climate change
Eric Pitt is the Chief Commercial Officer at Emergent, where he plays a crucial role in overseeing distribution, trading, and capital markets. Emergent is a nonprofit organization focused on facilitating large-scale transactions of high-integrity carbon credits in collaboration with tropical forest countries and the private sector. His work is particularly aligned with addressing climate change through innovative financial solutions in the carbon market.12
Professional Background
- Capital Markets Experience: Prior to joining Emergent, Eric spent 15 years at JP Morgan as a Managing Director in fixed income markets, managing a team that provided liquidity in corporate bonds and credit derivatives. His responsibilities included overseeing risk and technology within his team.13
- Consultancy: He also worked as a consultant for Ceres, advocating for climate-aligned financial policies that promote sustainable growth.23
- Technology Background: Earlier in his career, Eric worked in software development for nine years at companies such as Kenan Systems and TenFold, contributing to his expertise in technology and finance.1
Education
Eric holds a degree in Physics from Harvard College and an MBA from Columbia University, equipping him with a strong analytical foundation for his roles in finance and technology.13
Personal Interests
Based in Brooklyn, NY, Eric enjoys music, racket sports, and outdoor activities. He is also involved with various boards, including the Brooklyn Greenway Initiative and the Babies Heart Fund.1
Current Focus
At Emergent, Eric emphasizes the importance of integrity in the voluntary carbon market, especially amid growing concerns about its effectiveness in genuinely addressing climate change. He has been vocal about the need for regulatory oversight to ensure that funded projects deliver real environmental benefits.4