"My father taught me that, at Christmas, there is an abundance of goodwill in the air.
In the stories he tells of the Liverpool of his childhood there was always a strong sense of community, but come December that sense of collective empathy, of looking out for each other, was super‑charged. I believed in it as much as I believed in Father Christmas. And I still do now (sorry Santa, not you)."
Recommended
Key takeaways from Zurich Climate Week 2026 (5–7 May 2026). Across the S&P Global Sustainability Yearbook launch, UBS Innovating for Nature, the Green Fintech Network CDR session and UBS Energy Transition, the message was consistent: the market has moved past intention, and execution is now the measure of credibility.
Issue #74 of the Carbonaires Monthly Newsletter covers two developments shaping carbon markets in June 2026: our analysis of the SBTi Corporate Net-Zero Standard Version 2 — a measured step in the right direction that recognises companies’ ongoing emissions through a new Ongoing Emissions Responsibility framework, but stops short of the near-term incentive needed to mobilise the corporate removal demand the market requires to scale — and a review of London Climate Action Week 2026, where the market’s centre of gravity shifted decisively from ambition to execution.
Key takeaways from the Argus Europe Carbon Conference 2026 in Nice (11–13 May 2026). With the EU ETS under review, CBAM in its definitive phase, the CRCF approaching first issuances, and CORSIA implementation faltering, the European carbon market is at a decision point — and the missing piece is demand-side policy, not supply.
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