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Commodities Briefing - Categorized | Environmental Trading more

Where’s the world going on carbon trading?

Posted on 07 June 2013

The transition toward a new generation of carbon markets includes a range of domestic or regional initiatives that will become the cornerstone of the global growth of the carbon market in the coming years. Over 40 national and 20 sub-national jurisdictions have either implemented or are considering market mechanisms that place a price on carbon.
The World Bank Partnership for Market Readiness Program (PMR) – in which Australia plays a major role – is a key initiative that is helping to support the introduction of market mechanisms to cut emissions in 16 developing countries including emissions powerhouses China, India, Brazil and Indonesia……………………………………Full Article: Source


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