Topics

Posted 9/4/2023, 7:00:00 AM

Carbon Trading Platform ACX Expands Operations As Carbon Markets Grow More Regulated

Voluntary carbon markets will become part of larger compliance carbon markets as governments implement carbon pricing schemes.
ACX aims to build a global network of carbon exchanges to support growth of carbon as an asset class.
Compliance markets will likely dominate over voluntary markets as carbon trading becomes more regulated.
The EU's Carbon Border Adjustment Mechanism is spurring the financialization of carbon markets globally.
ACX is expanding operations to 7 countries and diversifying into trading other environmental assets beyond just carbon.

spglobal.com

Relevant topic timeline:

8/17/2023

Carbon costs and stock market performance: New evidence from European firms

The increasing cost of emitting CO2 in the EU is affecting the stock performance of firms, with high emitters seeing a decline in stock prices when carbon prices increase, reinforcing the effectiveness of climate policy.

8/23/2023

Indonesia issues rule on how to run its first carbon market

Indonesia's financial regulator has issued rules on the establishment of a carbon exchange to launch onshore carbon trading by the end of the year, as part of efforts to cut emissions and achieve net-zero emissions by 2060, allowing for cross-border trade in a cap-and-trade system using certificates quantifying greenhouse gas reduction.

8/24/2023

Why voluntary carbon markets for nature are needed right now

The voluntary carbon market can help mobilize public sector finance towards NbS in the Global South.

9/1/2023

Carbon credit market confidence ebbs as big names retreat

The voluntary carbon markets have experienced a decline for the first time in at least seven years, with companies reducing their purchases and concerns arising about the effectiveness of forest protection projects in delivering emissions savings. This decline has negative implications for poorer nations reliant on funds from multinational companies for climate mitigation projects.

9/18/2023

Carbon Markets Offer New Model to Drive Sustainability Through Trading and Offsetting Emissions

Global carbon markets are an alternative model for addressing greenhouse gas emissions and combating climate change, providing an avenue for companies and individuals to offset their emissions and promote sustainable consumption patterns; Brazil, with its substantial natural capacity for carbon dioxide capture, has the potential to become a sustainability powerhouse in this field.

9/26/2023

Navigating the Voluntary Carbon Markets: A Practical Guide for Corporations

The voluntary carbon markets need a new approach to incentives in order to encourage wider corporate adoption, according to a practical guide for corporations.

10/1/2023

China's Carbon Market Reforms Could Make It a Major Player in Global Emissions Trading

China's voluntary carbon market, known as the China Certified Emission Reduction (CCER) scheme, has the potential to become the world's most influential carbon offset standard and play a pivotal role in global carbon trading, but it needs to address issues of integrity and quality to gain international acclaim.

10/1/2023

EU Begins Carbon Border Tax Trial Amid Concerns Over Impact

The EU's carbon border tax, aimed at ensuring fair competition and encouraging other countries to price carbon, enters a trial period, raising tensions with key trading partners and facing criticism for potential impacts on businesses and vulnerable countries.

10/1/2023

Carbon Pricing Spreads Globally, But Bolder Action Needed to Meet Climate Goals

Carbon prices are spreading globally, with a quarter of global emissions now covered by carbon pricing schemes, as more countries embrace the mechanism to fight climate change at the lowest possible cost.

Topics

Posted 9/4/2023, 7:00:00 AM

Carbon Trading Platform ACX Expands Operations As Carbon Markets Grow More Regulated

Voluntary carbon markets will become part of larger compliance carbon markets as governments implement carbon pricing schemes.
ACX aims to build a global network of carbon exchanges to support growth of carbon as an asset class.
Compliance markets will likely dominate over voluntary markets as carbon trading becomes more regulated.
The EU's Carbon Border Adjustment Mechanism is spurring the financialization of carbon markets globally.
ACX is expanding operations to 7 countries and diversifying into trading other environmental assets beyond just carbon.

spglobal.com

Relevant topic timeline:

8/17/2023

Carbon costs and stock market performance: New evidence from European firms

8/23/2023

Indonesia issues rule on how to run its first carbon market

8/24/2023

Why voluntary carbon markets for nature are needed right now

The voluntary carbon market can help mobilize public sector finance towards NbS in the Global South.

9/1/2023

Carbon credit market confidence ebbs as big names retreat

9/18/2023

Carbon Markets Offer New Model to Drive Sustainability Through Trading and Offsetting Emissions

9/26/2023

Navigating the Voluntary Carbon Markets: A Practical Guide for Corporations

The voluntary carbon markets need a new approach to incentives in order to encourage wider corporate adoption, according to a practical guide for corporations.

10/1/2023

China's Carbon Market Reforms Could Make It a Major Player in Global Emissions Trading

10/1/2023

EU Begins Carbon Border Tax Trial Amid Concerns Over Impact

10/1/2023

Carbon Pricing Spreads Globally, But Bolder Action Needed to Meet Climate Goals