Americas > FEATURE: Carbon projects with hard currency needs face FX risk

FEATURE: Carbon projects with hard currency needs face FX risk

Published 17:51 on September 6, 2024  /  Last updated at 16:08 on September 6, 2024  / /  Americas, Asia Pacific, EMEA, International, South & Central, Voluntary

Fluctuations in foreign exchange (FX) markets affect emerging economies engaged in the voluntary carbon market (VCM), and can threaten proponents’ access to finance, even as sustainable development projects continue to rely on outside hard currencies.
Fluctuations in foreign exchange (FX) markets affect emerging economies engaged in the voluntary carbon market (VCM), and can threaten proponents’ access to finance, even as sustainable development projects continue to rely on outside hard currencies.


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