The Future of Carbon Trading
What is next for the structure, integrity and standards of carbon markets?
In 2023, for the first time in history, the price of carbon hit 100 euros per tonne for the European trading system. A demonstration of the increasing activity in the carbon trading market and indication of the rapidly growing interest and investment in the sector. Carbon markets are a critical tool to reach global climate goals. It is estimated that trading in carbon credits could facilitate the removal of 50% more emissions - about 5 gigatons of carbon dioxide per year by 2030. However the carbon trading market is complex due to the number of players, number of certification bodies and number of varying regulations in this relatively new market.
This fragmented and rapidly growing market has the opportunity to have a critical role in the drive to net-zero, but also is still very risky as it is marred by questions around the integrity, validity and security of carbon credits.
This digital discussion aims to provide traders and corporates with insights on the developments in the carbon trading markets, as well as takeaways to inform strategies on how to navigate a complex and fragmented but growing sector. It will act as an initial context setting discussion to those happening at our Commodities Asia Summit.
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