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?
Achieving net-zero emissions by mid-century represents a pivotal step toward fulfilling the objectives outlined in the Paris Agreement. Consequently, an increasing number of nations and corporations are committing to the net-zero target by 2050. Various strategies exist to attain net-zero emissions, each differing in terms of their robustness and effectiveness. In this dynamic discussion, we explore the multifaceted challenges and opportunities surrounding the pursuit of net-zero targets across industries and sectors. Join us as we delve into best practices, lessons learned and actionable strategies to navigate the complexities of the net-zero transition, ensuring a sustainable and prosperous future for generations to come.