
Know Your Client is a security procedure used in the financial sector when contracting to do business with a new counterparty. It involves credit and money-laundering checks to ensure trading partners are of good standing.

Know Your Client is a security procedure used in the financial sector when contracting to do business with a new counterparty. It involves credit and money-laundering checks to ensure trading partners are of good standing.
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A mechanism deployed under the EU Emissions Trading System to remove a volume of carbon allowances from circulation in the market.
In order to ensure the global reduction in GHG emissions, carbon reductions need to be permanent. Permanence is considered when approving a carbon offset project such as avoided deforestation.
On 17th July, the European Commission unveiled its much-anticipated legislative proposal to overhaul the EU’s compliance carbon market, the EU Emissions Trading System (EU ETS).
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