The European Parliament voted on November 21st in a plenary session on long-awaited and debated climate policies. The Parliament has approved the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA), demonstrating its support for scaling up carbon dioxide removal (CDR) capacity in the EU – part of the bloc’s strategy in…
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Much has been discussed about the carbon market, here is how it actually works. Lombard Odier explains the difference between voluntary and compliance carbon markets and outlines the importance of high-integrity carbon projects. How investors can support companies’ decarbonisation strategies and diversify their portfolios via carbon markets. The Nuances of Carbon Markets: Leveraging Voluntary and…
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Exploring India’s Net-Zero Commitment: The Draft Green Credit Programme and Carbon Credit Trading Scheme of 2023 On 26th June and 28th June 2023, India propelled closer to its net-zero commitments as two groundbreaking events unfolded. The Ministry of Environment, Forests, and Climate Change introduced the ‘draft Green Credit Programme Implementation Rules, 2023’, and the Ministry…
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