Americas > Carbon markets falling far short of potential to support least developed countries, UN warns

Carbon markets falling far short of potential to support least developed countries, UN warns

Published 16:30 on November 4, 2024  /  Last updated at 13:54 on November 4, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Nature-based, Paris Article 6, Voluntary

Carbon markets are fulfilling just a tiny fraction of their potential to shore up much-needed climate finance in the world's 45 least developed countries, with credits issued from both the voluntary and UN-run schemes concentrated in just a few countries, according to a report published on Monday.
Carbon markets are fulfilling just a tiny fraction of their potential to shore up much-needed climate finance in the world's 45 least developed countries, with credits issued from both the voluntary and UN-run schemes concentrated in just a few countries, according to a report published on Monday.


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