2024 Carbon Market Outlook
CEO's 4 big themes for the carbon markets in 2024
London, 9 January 2024 – Last week, Carbonaires CEO Rasih Ozturkmen spoke with Alex Janiaud from Financial Times and discussed the outlook for the carbon markets in 2024.
Rasih joined other carbon market experts including Andrea Bonzanni – IETA, Allister Furey – Sylvera, Simon Puleston Jones – Climate Solutions and Teresa Hartmann – BeZero Carbon with views shared on Article 6 and the need for greater transparency and regulation in the market.
Read the full article here: https://www.sustainableviews.com/experts-call-for-more-regulation-on-carbon-markets/
Rasih set out 4 big themes for the carbon markets this year. We’ll be sharing more insight on each of these over the coming weeks.
1. Progress made at COP28 will fuel discussions to deliver a more robust VCM in 2024 and drive policy negotiations to increase awareness of the importance of Article 6.
2. 2024 is the year that removals will take centre stage, scaling to become the high quality credits of choice.
3. Price diversification of carbon credits will become more pronounced, with high integrity projects continuing to grow in terms of volume and price.
4. There will be greater corporate engagement in the carbon markets through purchase of high integrity credits and investment into carbon removal projects.
