International carbon markets update
Covid-19 is having a multi-faceted impact on existing and proposed emissions trading initiatives
You can read more stories like this by subscribing to our monthly Energy Transition newsletter here The far-reaching impacts of the measures implemented worldwide to curb the spread of the Covid-19 virus will have significant implications for the development of international carbon markets, as well as the ongoing negotiations under the UN Framework Convention on Climate Change (UNFCCC). This update provides a snapshot of the current state of play in relation to carbon markets and climate negotiations more broadly in light of the global response to the pandemic. Climate negotiations On 1 April 2020, COP 26 was postponed due to Covid-19. The UK government stated: “In light of the ongoing, worl
Also in this section
10 June 2025
Eni’s CCUS deal with BlackRock’s Global Infrastructure Partners reflects a growing belief among big investors in the CCUS growth story
3 June 2025
Africa faces challenges in adopting CCS but also has vast potential, with the technology being not just a climate tool but a catalyst for development
2 June 2025
Rather than a simple climate option, CCS is now being seen as a workable solution for Africa’s growth strategy
27 May 2025
EU Parliament and Council both agree to exempt bulk of importers from paying a carbon tax on goods imported into the EU
