Net Zero

2023 — the Year of Shaping EU’s 2040 Climate Target

2023 is bound to have an outsized impact on the EU’s climate policy. The preparation done this year will lay the foundation for the new EU climate target, to be proposed in the spring of 2024. It will shape the policy landscape for the next 15 years. However, so far it’s flying largely under the radar and is not getting the attention it deserves. 2022 was the core year of …

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carbon markets eve tamme

What’s next for carbon markets?

The carbon markets are experiencing rapid growth. The voluntary markets are expanding due to unprecedented demand from corporate buyers and a related boom in issuing new credits. The compliance markets are growing via increased allowance prices and soon also through the emerging Paris Agreement market. All the while, the two markets are increasingly converging, and the voluntary market is bound to go through substantial changes. Will there be a competition …

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