As the world increasingly puts a price on carbon, so do many forward-looking organisations. An internal carbon price can help organisations better align their commercial and climate goals and guide their decarbonisation decisions. We discuss the risks, opportunities and key considerations when setting an internal carbon price.
Carbon markets represent a new frontier for many corporate sustainability leaders. But it doesn't have to be an uninformed journey. Here are key lessons to leverage from our collective renewable energy market experience.
Predominantly compliance-based and homogenous by design, the Australian carbon market has many characteristics of the heterogenous voluntary carbon market. This brings complexity but also opportunity for market participants to expand their positive impact and deliver nature and social benefits.
The initial corporate decarbonisation strategy and business case is just the first hurdle. To maintain momentum and ensure ongoing or increased financial commitment, sustainability teams need buy-in and engagement from executives, boards and investors. We explore seven commercial scenarios that help with this alignment.
As inhabitants of this planet, we all have a role in helping support nature and climate repair within our means and sphere of influence. Global carbon markets help us mobilise investment in nature and technology-based climate solutions and are an essential part of our race to net zero.
CORE Markets acknowledges Aboriginal and Torres Strait Islander Peoples as the Traditional Custodians of the land on which we live and work, and acknowledges and pays respect to their Elders, past, present and emerging.
