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COP28 is a pivotal moment for carbon markets: can countries move forward on Article 6?

COP28 is a pivotal moment for carbon markets: can countries move forward on Article 6?

FromPlatts Future Energy


COP28 is a pivotal moment for carbon markets: can countries move forward on Article 6?

FromPlatts Future Energy

ratings:
Length:
25 minutes
Released:
Nov 15, 2023
Format:
Podcast episode

Description

Article 6 of the Paris Agreement is seen as an essential enabler of international emissions trading, providing countries and businesses with a key pathway to meet and accelerate their climate goals. However, many key decisions and rules around the use of Article 6.2 and Article 6.4 need to be clarified at the COP28 climate summit in Dubai in order to move carbon markets forward. S&P Global Commodity Insights' experts Dana Agrotti, Vandana Sebastian and Eklavya Gupte explore some of the complexities of Article 6 and its implications for both the compliance and voluntary carbon markets. Related price assessments: CNHDD00 - Platts Household Devices ANBAA00 - Platts Nature-Based Avoidance CNRED00 - Platts Renewable Energy Previous episode on carbon markets: Carbon credits seek to regain credibility amid growing scrutiny Video series: What is the voluntary carbon market? Further reading: Conversations at COP28 (Vandana Sebastian) UN Article 6.4 body fails to finalize carbon trade text, new meetings planned (Eklavya Gupte) Crunch time for UN carbon body to deliver clarity on Article 6.4 (Eklavya Gupte) COP28 presidency working to drive demand for high-quality carbon credits (Eklavya Gupte) INTERVIEW: COP28 director-general says progress on carbon markets needed to accelerate climate action (Eklavya Gupte)
Released:
Nov 15, 2023
Format:
Podcast episode

Titles in the series (96)

S&P Global Commodity Insights shares market insights on energy transition, tomorrow’s fuels and energy sources, and the implications for commodity markets, from oil to power to metals.