Campaigners tell policymakers to create ambitious measures to tackle abuses, as new tracking tools offer greater transparency and traceability.
Innovative pilot schemes are attracting interest after failed COP28 negotiations on carbon markets under Article 6 of the Paris Agreement.
Guidance incomplete ahead of May deadline, as UK government confirms consultation on applying SDR to overseas funds.
Market players do their best to navigate a sea of regulation that often lacks harmony and consistency across regions.
Too many cooks in the kitchen could overcomplicate efforts to ensure fairness and transparency of new rules.
Post-Brexit politics seen as an obstacle to cooperation on carbon pricing mechanisms.
Committee’s plan to boost competition through mandatory selection providers with less than 15% market share for second rating branded “terrible idea”.
Financial institutions will not be initially subject to EU due diligence directive despite benchmarks showing poor sector performance in addressing risks in supply chain.
Finalisation of Article 6.2, 6.4 of the Paris Agreement will realise the potential of carbon markets globally, but certainty delayed until COP29.
PRI will lead new taskforce focused on supporting dialogue between policymakers and non-state actors pursuing net zero-aligned strategies.
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