
UK and EU Set to Link Carbon Markets in Pivotal Summit This May
In a significant move towards a more cohesive approach to environmental policy, the United Kingdom and the European Union are gearing up to initiate discussions aimed at linking their carbon markets at the upcoming summit scheduled for May 19, 2025. This anticipated partnership underscores both entities’ commitment to combat climate change while enhancing economic cooperation through unified greenhouse gas emissions trading systems.
Continue reading
Trump's Trade Policies Could Stymie Growth of Carbon Markets in Asia
In a compelling analysis of the current economic landscape, recent findings reveal that former President Donald Trump's trade wars may be hampering the expansion of carbon markets across Asia. These markets, which are pivotal in the global fight against climate change, are seeing sluggish growth due largely to protectionist measures implemented during Trump's administration.
Continue reading
IOSCO Introduces New Standards to Regulate Voluntary Carbon Markets
The International Organization of Securities Commissions (IOSCO) has unveiled a set of comprehensive standards aimed at enhancing the integrity and transparency of voluntary carbon markets. This significant development is designed to foster greater trust among investors and stakeholders in the burgeoning carbon offset industry, which has seen explosive growth as a tool for combating climate change.
Continue reading
Former C-Quest CEO Newcombe Charged with Carbon Credit Fraud
Ex-CEO John Newcombe was charged with leading a complex carbon credit fraud scheme for California-based C-Quest, which became a breathtakingly sensational case that utterly shook the foundation of the environmental and business communities, who continuously have high-profile leaders concerned with legal controversies.
Continue reading
The Carbon Market's Last Hurdle: Overcoming the Challenges
Carbon markets have emerged as an imperative tool to deal with the crisis while the world is still trying to grapple with the most pressing issue of climate change. Their potential notwithstanding, the challenges they face are more likely to hinder their effectiveness. An analysis recently threw light on the latest obstacle that the markets must sail through to realize their full potential.
Continue reading