BRIEFING: In Argentine carbon markets, Milei’s vision of constructive chaos meets real-world limits

Published 12:04 on June 5, 2024 / Last updated at 12:04 on June 5, 2024 / / Americas (LATAM & Caribbean), Insights (Briefings), Nature-based Carbon (Other NbS), Voluntary (VCM Governance), CBAM & Tariffs

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Argentina's President Javier Milei has proposed an ETS and promoted administrative reshuffling, including of climate-adjacent agencies, as part of his government’s attempt to overhaul the country's economy, but pushback to his flagship legislation, acute financial constraints, and risk aversion in the voluntary carbon market (VCM) threaten his plans.
Argentina's President Javier Milei has proposed an ETS and promoted administrative reshuffling, including of climate-adjacent agencies, as part of his government’s attempt to overhaul the country's economy, but pushback to his flagship legislation, acute financial constraints, and risk aversion in the voluntary carbon market (VCM) threaten his plans.


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