Are Carbon Markets Really Markets? A conversation with three carbon trading practitioners
Carbon markets have been proposed as part of the solution to mitigate climate change for some time now. The commoditisation of carbon removal (or emission reduction) provides a familiar concept to the world’s financiers, placing the value on the reduction of a negative externality, something which is also attractive to the need to attract capital to important climate mitigation activities.
However, in recent years voluntary carbon markets have come under increased scrutiny, partially from a concern about their effectiveness, partially about transparency, and partially about impact on local communities.
Finally, there is a wider question, are they really markets at all or are they simply a marketing exercise for the corporate world? Through discussions with four practitioners of this fast-changing space we will seek to try to understand the current state, what the issues are, and where they are heading.
Panellists:
Walid Jalkh Director, Commercial at Varaha
Alain Panhard Head of Nature Based Solutions (NBS) Projects at aDryada
Cedric Rimaud Independent Consultant on Green Finance, ex-Managing Director - Sustainability Advisory at SMBC Group
Moderated by Anthony Belcher Board Member, London Business School Alumni Sustainability Club
Bring your own questions, skepticism included! Whether you work in finance, climate, policy, or are simply curious about where carbon trading is going, you'll leave with a clearer sense of what these markets can and can't do. The session takes place online, so you can join from wherever you are.
