A Brief History of the UN Carbon Market
Carbon markets under the United Nations came into being during the 1997 Kyoto Protocol era, with the UN’s so-called ‘flexible mechanisms’: international emissions trading, the Clean Development Mechanism (CDM) and Joint Implementation (JI).
How Are Emissions Reductions Measured?
As the old piece of wisdom goes: what cannot be measured cannot be managed. And carbon emissions are no exception.
EU Rolls Out Major Carbon Market Expansion by Including Shipping
EU regulators have brought greenhouse gas (GHG) emissions from shipping within the scope of its legally binding carbon market, in one of the most significant upgrades since its inception.
What Policies Do Countries Adopt to Cut Greenhouse Gas Emissions?
For many years, governments have deployed an array of policies to tackle climate change, ranging from direct legislation on vehicle efficiency standards to carbon taxes, emissions cap-and-trade systems…
What Are the Carbon Markets Under Article 6?
Most current carbon markets are regulated either by the countries or regions in which they operate, such as the EU, California or New Zealand, or by voluntary private sector coalitions…
What is the Paris Agreement?
The Paris Agreement is an international treaty on climate change adopted by 196 countries in the French capital in 2015.
What is a Carbon Border Adjustment Mechanism?
The idea of carbon border charges has garnered plenty of attention in recent years, particularly as the European Union rolled out its Carbon Border Adjustment Mechanism (CBAM) in 2023.
What’s Being Done to Fix the Perceived Shortcomings of Carbon Credits?
In recent years, the voluntary carbon market (VCM) has come under fire in the media on the basis that some projects may not have reduced greenhouse…
What Are the Different Greenhouse Gases?
What are the various greenhouse gases (GHGs)? Where do they come from, and what is their significance?
