Recent milestone decisions in Article 6 and CORSIA markets have been eagerly awaited and welcomed by carbon market participants. Coupled with tightening global compliance, they represent a significant opportunity for project developers and provide all market participants, including investors and corporate buyers with greater confidence to make decisions – a critical factor to stimulating supply. We discuss the latest developments and present a blueprint to leverage the opportunity.
Parties to the Paris Agreement are tasked with updating their national climate targets, policies and strategies to support global climate efforts. Australia has recently completed a draft of its revised plan. When finalised, it will have a cascading effect on businesses and individuals. We provide a summary of the proposal and discuss next steps.
