IETA proposes two-track strategy for Canada's carbon market development
The International Emissions Trading Association (IETA) released a vision paper, 'Canada’s Carbon Market Opportunity: A Vision for Climate Competitiveness & Growth', outlining a strategy to enhance Canada's carbon market. The paper proposes a two-track approach: building a more connected pan-Canadian carbon market through improved interoperability and linkage, and leveraging this domestic platform to access international opportunities, including Article 6 cooperation. IETA states that these measures would reduce compliance costs, increase investment certainty, and support low-carbon industries. The organisation suggests this approach will help Canada achieve both climate and economic objectives.
Read the original at IETA →This summary was written by carbon.fyi from the reporting linked above. It is not a quotation; cite the original source.