Carbon markets are particularly vulnerable to criminal activity because the "commodity" being traded has no physical presence and is difficult to measure, INTERPOL has said. Criminals can target the fast-growing market through securities fraud, insider trading, embezzlement, money laundering and cybercrime, the world’s biggest international police organisation shows in a new guide to carbon trading crime.
"The noteworthy potential for the carbon market to be exploited rests on a single significant vulnerability that distinguishes it from other markets – the intangible nature of carbon itself," says the guide...............................................Full Article: Source |