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Spotlight on COP26: a new era for carbon markets?

Author
Townsend Matthew
Matthew Townsend

Partner Global Co-Head International Environment, Climate and Regulatory Law Group

London

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Image of Danae Wheeler
Danae Wheeler

Associate

London

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17 November 2021

Well-functioning carbon markets have enormous potential for governments and the private sector in particular. Compliance based markets create the opportunity to drive emissions reductions. Voluntary carbon markets will play a significant role in helping corporates meet their net zero targets. Both types of market can act as a mechanism to transfer significant funds into emissions reduction or avoidance projects across developed and developing countries.