The role of carbon markets in accelerating decarbonisation

Carbon markets have a pivotal role in accelerating the energy transition, supporting large-scale climate goals, and aiding countries and businesses in achieving their net-zero emissions targets. While carbon markets hold immense promise, challenges such as fragmentation and the lack of standardised crediting mechanisms can undermine both the credibility and effectiveness of carbon markets. Establishing clear guidelines on the accepted uses of carbon credits, along with improved standards and infrastructure for their development and sale, can make carbon markets a more effective tool for driving the rapid emissions reductions needed to limit global warming to 1.5°C. However, they should be seen as a complement to, not a substitute for, strong climate policies and corporate action to decarbonise operations

Attendee insights:

Understand the significant role carbon markets play in reducing emissions as well as the barriers to increasing their uptake and delivering improved decarbonisation results.