Africa > ANALYSIS – COP27: US climate envoy’s carbon market concept battles three thorny issues

ANALYSIS – COP27: US climate envoy’s carbon market concept battles three thorny issues

Published 20:33 on November 9, 2022  /  Last updated at 23:09 on November 9, 2022  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, Paris Article 6, South & Central, South Korea, US, Voluntary

A new global carbon market concept pushed by the US on Wednesday is bracing to battle at least three thorny issues that have plagued carbon credit markets in the voluntary space over the years, including their use towards net zero targets, preventing carbon leakage, and benefiting the most vulnerable.
A new global carbon market concept pushed by the US on Wednesday is bracing to battle at least three thorny issues that have plagued carbon credit markets in the voluntary space over the years, including their use towards net zero targets, preventing carbon leakage, and benefiting the most vulnerable.


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