Global carbon markets need price transparency, rule harmonization to mature

摘要

Global carbon markets are evolving as more countries select carbon dioxide trading schemes to help meet their nationally determined contributions under the Paris climate agreement, but work remains on standardizing rules and transparent pricing, market experts said Sept. 24. "Price transparency is the building block for any institutional commodity business and without price transparency we can have no confidence in the value of our positons," Ariel Perez, head of environmental products at merchant commodities firm Hartree Partners, said during a virtual New York City Climate Week event hosted by IHS Markit.