{"id":621578,"date":"2023-12-07T11:49:14","date_gmt":"2023-12-07T06:19:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621578"},"modified":"2023-12-07T11:49:14","modified_gmt":"2023-12-07T06:19:14","slug":"how-cop28-like-forums-can-build-global-regulations-for-carbon-markets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/how-cop28-like-forums-can-build-global-regulations-for-carbon-markets\/","title":{"rendered":"How COP28-like forums can build global regulations for carbon markets"},"content":{"rendered":"<p>With carbon markets holding the potential to mobilize real climate action, forums such as COP28 could bring us a step closer to regulation and standardization.<\/p>\n<p>One of the interesting solutions to be discussed before, at or even after COP28 is carbon markets. Until now, carbon markets have largely been a grey area for a wide variety of reasons, including the lack of a common view on what emissions to consider, how to validate and verify bilateral trading of carbon credits and how to create a globally regulated market. However, since COP26, nations have shown a greater intent towards making carbon markets viable and making carbon offsets a part of international trade. The global carbon market value hit a record US$909 billion in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With carbon markets holding the potential to mobilize real climate action, forums such as COP28 could bring us a step closer to regulation and standardization. One of the interesting solutions to be discussed before, at or even after COP28 is carbon markets. Until now, carbon markets have largely been a grey area for a wide variety of reasons, including the lack of a common view on what emissions to consider, how to validate and verify bilateral trading of carbon credits and how to create a globally regulated market. However, since COP26, nations have shown a greater intent towards making carbon [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-621578","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=621578"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621578\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}