Title: Carbon offsets price may rise 3,000% by 2029 under tighter rules

Language: English

Type: Website

Nature: Website

Published: March 2, 2022


Region: Global

Country: Global / Non-Specific

Topic: Emission Reduction Program

Keywords: Emission Reduction Program **

Document Link(s):


Document Summary:

COP26’s conclusion in November 2021 signaled to governments and investors that a zero-emissions world is on the horizon.

The Glasgow Climate Pact, negotiated by nearly 200 countries, radically cuts back coal usage, eliminates fossil-fuel subsidies and commits governments to carbon emissions reductions.

While many argue that the pact is overly ambitious without a radical transformation of industrial sectors and consumption, to others, it is a starting point. Carbon and its pricing will continue to gain significant importance as countries and companies seek to reduce carbon emissions by purchasing carbon offset credits.


Document Details:

The market for carbon offsets is highly dependent on worldwide regulatory efforts to hold countries accountable for their climate impacts.

BloombergNEF examines potential market outcomes based on different regulatory scenarios for carbon offsets, defined as verified reductions in climate-warming gases used to compensate for emissions that occur elsewhere.


Updated: January 11, 2024