15 December 2021

ESG - Voluntary carbon markets

This article was written by Richard Mazzochi, Minny Siu, Gu Jieyu, Su Meng, and Claire Potter.

In our previous article, we focused on the role of the regulated carbon markets as a means to drive down greenhouse gas emissions. The regulated markets cannot on their own however achieve the levels of greenhouse gas emissions reductions necessary to keep the rise in global temperatures below 2°C limit (whilst aiming for 1.5°C).

The voluntary carbon markets will play an important role in upscaling global efforts to combat climate change and the ability of countries to meet their national emissions reduction targets.

In this alert, we look at how the voluntary carbon markets work and how businesses can use them to realise their own climate change goals.


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