A thoughtful international perspective on compliance carbon markets including 12 recommendations by IOSCO. Sound and robust primary and secondary markets are supported by predictability, transparency, auctions, rule-based mechanisms, legal clarity and broad market participation.
IOSCO publishes a final report to help its members develop sound and well-functioning compliance carbon markets.
For more information, check out the press release here: https://t.co/aeBzkB8NX8 #compliance#carbonmarkets#CCMs#STF#SustainableFinance
"The EU ETS has not had a negative effect on regulated firms’ revenue, profits, fixed assets and jobs. In fact, the EU ETS seemed to have led to an increase of revenues and fixed assets of regulated firms."
Interesting study by the OECD: https://t.co/FEye42WFpQ
"Introducing a price signal for climate mitigation is critical to driving investment and behavior change to lower emissions. Carbon pricing must continue to grow, both in terms of coverage & price, to drive the transformational change needed to meet the Paris temperature goals."
A decade ago, only 𝟳% of global GHG emissions were covered by either a carbon tax or an emissions trading system (ETS).
Today, 𝟮𝟯% are covered by 73 instruments.
👇 Download the new “State and Trends of Carbon Pricing 2023” report. #PriceOnCarbon #Innovate4ClimatA decade ago, only 𝟳% of global GHG emissions were covered by either a carbon tax or an emissions trading system (ETS).
Today, 𝟮𝟯% are covered by 73 instruments.
👇 Download the new “State and Trends of Carbon Pricing 2023” report. #PriceOnCarbon #Innovate4ClimatA decade ago, only 𝟳% of global GHG emissions were covered by either a carbon tax or an emissions trading system (ETS).
Today, 𝟮𝟯% are covered by 73 instruments.
👇 Download the new “State and Trends of Carbon Pricing 2023” report. #PriceOnCarbon #Innovate4ClimatA decade ago, only 𝟳% of global GHG emissions were covered by either a carbon tax or an emissions trading system (ETS).
Today, 𝟮𝟯% are covered by 73 instruments.
👇 Download the new “State and Trends of Carbon Pricing 2023” report. #PriceOnCarbon#Innovate4Climate
NEWS: Record revenues from global carbon pricing near $100 billion.
Learn more in the just-released “State and Trends of Carbon Pricing 2023” report: https://t.co/gEZ4WILFjx #PriceOnCarbon#Innovate4Climate
Belgian Prime Minister follows Flemish/French rhetoric on pausing EU climate legislation (as biodiversity has “strictly speaking, nothing to do with climate change”?). Federal Climate Minister pulls in the other direction. Yet another Green Deal file where Belgium will abstain?
Dit - een aanzienlijke dag voor Europese emissiehandel met de publicatie van herziende wetgeving én MSR data. Waarom belangrijk? Wat in publiek discours nog vaak gereduceerd wordt tot een kostprijs brengt ook miljardenfondsen voor innovatie en een harde limiet op uitstoot.
At last! Over 70% of EU emissions under a cap, securing reductions in more sectors than ever. Excited to see this milestone for EU climate policy move to implementation.
#Fitfor55 laws adopted:
✔️EU emissions trading system #ETS
✔️social climate fund #SCF
A key step towards #ClimateNeutralEU:
🏭greening power and energy-intensive industries
⛽cutting emissions in transport and buildings
🧑🤝🧑supporting people most affected by the green transitio#Fitfor55 laws adopted:
✔️EU emissions trading system #ETS
✔️social climate fund #SCF
A key step towards #ClimateNeutralEU:
🏭greening power and energy-intensive industries
⛽cutting emissions in transport and buildings
🧑🤝🧑supporting people most affected by the green transitio#Fitfor55 laws adopted:
✔️EU emissions trading system #ETS
✔️social climate fund #SCF
A key step towards #ClimateNeutralEU:
🏭greening power and energy-intensive industries
⛽cutting emissions in transport and buildings
🧑🤝🧑supporting people most affected by the green transitio#Fitfor55 laws adopted:
✔️EU emissions trading system #ETS
✔️social climate fund #SCF
A key step towards #ClimateNeutralEU:
🏭greening power and energy-intensive industries
⛽cutting emissions in transport and buildings
🧑🤝🧑supporting people most affected by the green transitio#Fitfor55 laws adopted:
✔️EU emissions trading system #ETS
✔️social climate fund #SCF
A key step towards #ClimateNeutralEU:
🏭greening power and energy-intensive industries
⛽cutting emissions in transport and buildings
🧑🤝🧑supporting people most affected by the green transitio#Fitfor55 laws adopted:
✔️EU emissions trading system #ETS
✔️social climate fund #SCF
A key step towards #ClimateNeutralEU:
🏭greening power and energy-intensive industries
⛽cutting emissions in transport and buildings
🧑🤝🧑supporting people most affected by the green transition
It was a pleasure to moderate #ECS2023 panel on #EUETS market oversight and potential impact on MIFID2 review on EU #carbon market. Thank you Philippe Caluwaerts from @EUClimateAction, Kai Möritz from @ISDA, @DeVochtEllen from @eexgroup and Mark Lewis @MCL1965 for your expertise