Many countries are in the process of setting up their own carbon markets
VCMs’ other fragmentation problem
The growing number of individual national carbon exchanges threatens to fragment much needed liquidity
In mid-October, I had the opportunity to attend and present at the biannual World Investment Forum (WIF), sponsored by the UN Conference on Trade and Development. The WIF’s goal is to spur more sustainable development investment in low- and middle-income economies. One of the prevailing themes at the event in Abu Dhabi was the energy transition and, given its timing and location, it offered a preview of some of the agenda of the COP28 Presidency. That agenda included full-throated support for voluntary carbon markets (VCMs), to lure capital towards the energy transition and to help countries meet decarbonisation commitments set out under their Nationally Determined Contributions (NDCs). For
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30 November 2023
Negative pricing has become more frequent in European energy markets, and GB markets are now experiencing a similar increase
29 November 2023
Preparations underway for inclusion of cement, aluminium and steel producers in world’s largest compliance market by 2030
28 November 2023
European Commission earmarks cross-border projects for funding and fast-tracks carbon management strategy as pressure grows to kickstart CCS sector
27 November 2023
Progress in decarbonisation but significant challenges lie ahead
