Columbia University report details new regulatory era for carbon markets

A white paper from Columbia University's Center on Global Energy Policy indicates that G20 countries, excluding the US, plus Singapore, are developing regulatory frameworks for carbon credits. The study notes a shift from voluntary standards towards government rules governing credit issuance, tracking, trading, and use. This move comes as activity in project-based carbon markets has weakened, with annual credit issuance falling from its peak. The report suggests that national registries are taking a larger role in market functions, signalling a more state-anchored era for carbon markets. This regulatory evolution could determine which credits are issued, traded, and used for climate claims.

This summary was written by carbon.fyi from the reporting linked above. It is not a quotation; cite the original source.