GENEVA, 3 June – Today IETA announced the launch of its latest collection of Carbon Market Business Briefs, offering business executives a quick guide to each of the main carbon markets in operation around the world.
“The IETA Business Briefs are written for business leaders who want to stay at the cutting edge of carbon markets and new prospects for growth,” says Dirk Forrister, President and CEO of IETA. “While there are many common features, each market also reflects local characteristics, tailored to local challenges and opportunities – and, in the business of carbon markets, these details matter. These briefs bring all of the essential elements together for a quick view.”
The latest Carbon Market Business Briefs are scheduled for release in three tranches: Europe and North America today; Asia and CORSIA on 10 June; and culminating on 18 June with the release of our Latin America and South Africa briefs. Each release coincides with a related webinar as part of the IETA Carbon Market Live series, which are free of charge with advance registration.
With the continued expansion of emissions trading globally, the IETA collection outlines the coverage, deadlines, penalties, flexibilities, trading dynamics and other features for each market. The briefs provide commentary from local IETA members and partners on recent market developments, including the impact of the COVID-19 pandemic and near-global lockdown.
“Even in these challenging times, countries are considering how they can contribute greater ambition to advance the goals of the Paris Agreement,” Forrister adds. “We expect increasing use of markets to drive deeper emission reductions, foster innovation and stimulate climate-friendly economic growth. As these markets expand, we hope to update these Business Briefs regularly to enable more companies to pursue the new opportunities they create.”