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With companies setting net-zero targets and countries working to achieve their climate goals under the ParisAgreement, there’s been much discussion lately about the role of emission reductions and carbon removals. C above pre-Industrial levels.
Innovative pilot schemes are attracting interest after failed COP28 negotiations on carbon markets under Article 6 of the ParisAgreement. Despite limited progress on carbon trading rules at COP28 , experts believe recent trial projects will unlock investment opportunities for private investors.
Speaking during a webinar, Pedro Martins Barata, Associate Vice President, Carbon Markets and Private Sector Decarbonisation at the Environmental Defense Fund (EDF), noted that “understanding the interplay” between VCM industry guidelines and what emerges from Article 6.4 of the ParisAgreement. Article 6.4
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