Owen Hewlett will share insights on the future of the voluntary carbon market, including key opportunities for growth, how claims are expected to evolve, the role of carbon removals and broader nature based solutions and more.
Carbon emissions markets have been dynamic for years, but 2020 is proving to be extremely turbulent to navigate due to the impact of the COVID-19 pandemic. Market uncertainty has prevailed since March, when the global economic crash unpredictably affected carbon allowance pricing, emissions levels and rule-making for programs on deck for introduction.
California’s climate change and LCFS programs continue to evolve as does legislation relating to ADF – all under the shadow of COVID-19. Oregon has been mandated by executive order to go from a 10% reduction to 20% reduction in GH emissions. As CI targets get tighter, new technologies and increased production from current suppliers will be required across the board.
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