Carbon markets see promise and peril from COP26.

Keywords: Environmental; Pan-industry; Analysis; Corporate responsibility EN Environmental Pan-industry Analysis Corporate responsibility N.PAG N.PAG 1 10/05/21 20210930 NES 210930 Carbon traders and developing country governments alike are looking to the COP26 climate talks for resolution on Article 6 - the provision of the Paris Agreement that governs the trading of emissions between countries. However, without resolution around project methodologies and market infrastructure, for which "market expectations... are currently low", the outcome is likely to be "a market which is sluggish, characterised by low demand and prices". Through its Clean Development Mechanism (CDM) in particular, entrepreneurs scoured the developing world for opportunities to invest in projects that, by reducing greenhouse gas emissions, earned carbon credits for sale to rich-world emitters. [Extracted from the article]