Foresight Case Study Climate Foresight: Transforming the Voluntary Carbon Markets by Roger Spitz and James Balzer Disruptive Futures Institute March 2025 Roger Spitz (B.Sc. Econ, M.Sc., FCA, APF) is President of Techistential (Climate & Strategic Foresight) and Chair of the Disruptive Futures Institute in San Francisco. His organizations guide CEOs, founders, and boards in evaluating strategy under uncertainty, anticipating disruptions, and sustainable value creation. Roger is a mem ber o f the World Economic Forum’s Global Foresight Network, a Climatebase Fellow, and board member of Lux Carbon Standard. Roger’s DFI Nature & Climate Academy equips leaders to accelerate the energy transition for sustainable futures through transformative change and capacity building for resiliency. Roger serves on multiple boards, and is a bestselling author of five books, including the award-winning Disrupt With Impact: Achieve Business Success in an Unpredic table Wo rld and acclaimed series The Definitive Guide to Thriving on Disruption. Fully bilingual in English and French, and having lived in 10 cities across three continents, Roger’s frameworks are adopted globally andfeature in leading publications, including the Journal of Futures Studies andMIT Technology Review. Roger also writes extensively on the future of AI and strategic decision-making, and serves on the AI Council of the Indian Society for Artificial Inte lligence. J ames Balzer (BA, MSusdev, MPP) is an Australian sustainability and resilience practitioner with extensive experience across social enterprise, think tanks, NGOs and government. He is a Researcher at the Disruptive Futures Institute, a former Visiting Fellow at the International Sustainable Finance Centre, and a current Adjunct Fellow at Macquarie University School ofNatural Sciences. In 2023, he undertook a Next Generation Foresight Practitioners ( NGFP) Fe llowship, where he explored the future of extreme heat governance in global cities. He now Climate Foresight: Transforming the Voluntary Carbon Markets, by Roger Spitz & James Balzer 1 © Disruptive Futures Institute, March 2025

Climate Foresight 2025