Carbon Markets
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Pragmatism vs principle: Carbon markets as a response to the EU’s CBAM
Despite igniting debate, CBAM has prompted some countries to develop domestic carbon markets to reduce CBAM costs and keep revenues within their borders.
Nov 2024
Carbon Border Adjustment Mechanisms require coordinated global action
The exact impact of the EU CBAM is difficult to predict, but international coordination is needed to ensure CBAMs reduce emissions and do not burden developing countries.
May 2024
Article 6 of the Paris Agreement at COP29: What is at stake?
Carbon credits are already being traded under Article 6 – making progress on finalising the rulebook is priority at COP29.
Mar 2023
Asia’s booming voluntary carbon market
A number of new markets are being set up, but until underlying issues with carbon credits are resolved, they will do little to help reduce emissions.