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The global carbon credit market experienced a period of stagnation last year, with a modest market size of approximately $1.4 billion, according to data compiled by MSCI. Credit retirements, indicating their permanent removal from circulation, remained largely unchanged from the previous year, while average spot prices declined by 20%. However, several indicators suggest a potential upsurge […]

The recently concluded Conference on Parties to the United Nations Framework Convention on Climate Change (COP29) held in Baku, Azerbaijan laid the foundation for global governance on climate finance. The conference results were a mix of success and sacrifice. Despite global warming and its harsh consequences, the parties agreed on a climate finance goal which […]