Carbon markets are emerging as a critical component of global climate solutions. To truly harness their potential, voluntary carbon markets (VCMs) must operate with the highest standards of both environmental and financial integrity. To achieve this, it is essential that carbon market mechanisms lead to real, measurable, and additional reductions in GHG emissions. Equally important is ensuring transparency to maintain trust in these markets.
IOSCO is presenting a set of 21 Good Practices to support the financial integrity of carbon credits and carbon markets as VCMs continue to develop. This presentation will be followed by a panel discussion on how financial regulators and industry participants can contribute to bringing integrity to VCMs, it will consider the state of VCMs, existing vulnerabilities and the role of financial regulators in mitigating them and the evolving approaches to voluntary carbon markets globally.
Objectives:
- Keynote speech: presentation of IOSCO’s Final Report on VCMs.
- Panel discussion on the importance of carbon markets as a critical component of global climate solutions.
Moderator
Rodrigo Buenaventura. Chair. National Securities Market Commission (Spain CNMV). Chair. IOSCO Sustainable Finance Taskforce.
Speakers
Keynote speaker: Jean-Paul Servais. Chair. FSMA Belgium. Chair. IOSCO Board.
- Cristina Rivero. Director of the Industry, Energy, Environment, and Climate Department. Spanish Confederation of Business Organisations (CEOE).
- Scott O’Malia. CEO. International Swaps and Derivatives Association (ISDA).
- Corli Le Roux. Senior Specialist. United Nations Sustainable Stock Exchanges (UN SSE).
- Anshari Rahman. Director. Policy & Analytics. GenZzero.