'Enormous investment opportunity': Mark Carney task force unveils global carbon market blueprint

Cecilia Keating
clock • 7 min read

Voluntary carbon market must grow 15-fold between 2019 and 2030 to deliver emissions sequestration and removal required to steer a 1.5C future, report warns

A major report has for the first time provided a snapshot into how a global carbon market capable of delivering the major emissions reductions required to meet climate goals could practically function,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

Why the Women in Green Business Awards is more important than ever

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

More on Carbon Trading

Could the UK emerge as a global hub for high integrity carbon markets?
Carbon Trading

Could the UK emerge as a global hub for high integrity carbon markets?

Government sets out new integrity principles in a bid to boost confidence in carbon and nature markets, as buyers warn of a squeeze on high quality credits that could see prices start to rise

Stuart Stone
Stuart Stone
clock 17 April 2025 • 10 min read
Reports: UK and EU seeking landmark carbon market deal
Carbon Trading

Reports: UK and EU seeking landmark carbon market deal

Reports suggest UK government is prepared to align with EU Emissions Trading Scheme as part of efforts to strengthen ties with Brussels and avoid threat of carbon border levies

James Murray
James Murray
clock 17 April 2025 • 3 min read
Global Briefing: China moves to expand national emissions trading scheme
Carbon Trading

Global Briefing: China moves to expand national emissions trading scheme

Reports reveal Beijing intends to extend carbon market to cover steel, cement, and aluminium plants, Indonesia hopes to advance $20bn clean energy fund, and BYD celebrates latest milestone

James Murray
James Murray
clock 28 March 2025 • 4 min read