June 26, 2024

Day

Absa, South Africa’s fourth-largest bank, is on the brink of launching a new carbon trading service aimed at helping its clients manage and offset their carbon emissions. This initiative is expected to be rolled out later this year and will be delivered through the bank’s global markets team, which operates within the corporate and investment...
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What you need to know: Carbon trading is expected to be pivotal in fulfilling the Paris Agreement and implementing Nationally Determined Contributions (NDCs). Article 6 of the Paris Agreement facilitates international recognition of cooperative carbon trading approaches and identifies new concepts that may facilitate this cooperation. Long-term temperature shifts and changing weather patterns have been...
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