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...Read More
Study finds carbon credits could raise billions for climate action but only with changes, such as rigorous standards. The carbon-credit market must reform or “go out of business”, leading scientists have concluded in an international review of the offsetting industry. The market for carbon offsets shrank dramatically last year after a series of scientific and...Read More