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Fortune
Fortune
Usha Rao-Monari

Banking on carbon markets 2.0: why financial institutions should engage with carbon credits

carbon (Credit: Justin Merriman/Bloomberg via Getty Images)

The global carbon market is at an inflection point as discussions during the recent COP meeting in Brazil demonstrated. 

After years of negotiations over carbon market rules under Article 6 of the Paris Agreement, countries are finally moving on to the implementation phase, with more than 30 countries already developing Article 6 strategies. At the same time, the voluntary market is evolving after a period of intense scrutiny over the quality and integrity of carbon credit projects.

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