Voluntary carbon markets (VCM) will play a critical role in the path to net zero. However, challenges with transparency and integrity represent a major hurdle toward strong and functioning global voluntary carbon markets. Participants were looking to COP28 to provide guidance that would alleviate these lingering issues, but no progress was made at COP. What policy prescriptions and strategies would improve confidence and participation and make for stronger functioning carbon markets?
Regional Voluntary Carbon Market Company, Saudi Arabia
Chief Executive Officer
General Atlantic
Chairman, BeyondNetZero
Bipartisan Policy Center
Executive Director, Energy Program
S&P Global Commodity Insights
Global Head of Carbon Pricing, Energy Transition