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Carbon markets unleashed

The global expansion of government-mandated programs and their impact on stakeholders

In this session, we explored the growth of carbon markets worldwide and the increasing role of government-mandated programs in driving this expansion. We delved into what these developments mean for various stakeholders, including businesses, policymakers, and environmental advocates. Importantly, we discussed how these initiatives are leading to the establishment of carbon pricing mechanisms globally, rather than a singular global carbon price.

We examined the key price drivers and forecasts for major carbon pricing schemes, such as the EU Emissions Trading System (ETS), and California’s Cap-and-Trade Program. Understanding these drivers will help us identify which schemes on the horizon to watch closely and their potential implications for global carbon pricing. Join us as we unpacked the opportunities and challenges presented by this evolving landscape and discussed strategies for navigating the future of carbon pricing.

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Speakers

  • George von Waldburg, Director Environmental Markets, ICE (Moderator)
  • Dr. Robert Ritz, Economist at Cambridge University
  • Marcus Ferdinand, Chief Analytics Officer, Veyt

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Global carbon pricing mechanisms and their interaction with carbon markets

Reaching net zero carbon emissions will involve the transition to cleaner energy sources and the continued development of an asset class for carbon sinks including the value of natural ecosystems. Read our recent report in collaboration with TheCityUK.

Global decarbonization gaining momentum?

Globally, the numbers of companies publishing temperature targets and making emission reduction plans, such as Net Zero 2050 commitments, has continued to increase. Our analysis using the ICE Global Emissions and Targets Database to track global corporate emissions suggests there are positive signs.

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Connect to a global environmental portfolio to price climate risk, and learn how ICE can help you manage climate risk.