March 10, 2024 | Carbon Market Latest News Update

EU Sustainable Finance Framework: The EU is evaluating its sustainable finance framework to support economic transition efforts, including initiatives like the Corporate Sustainability Due Diligence Directive (CSDDD) to enhance disclosures and inform investors about companies' sustainability activities. https://carbon-pulse.com/264891/

2024 CarbonNeutral Protocol: The 2024 CarbonNeutral Protocol has been updated to bolster transparency and expand into the Climate Action Protocol. Changes include extended requirements aligned with the latest practices and guidelines to enhance sustainability efforts. https://www.carbonneutral.com/news/2024-updated-requirements-for-carbonneutral-certification-recognizes-the-need-for-more-transparency-and-expands-into-the-climate-action-protocol

Top 10 Predictions for Climate and Carbon Markets: ClimateTrade presents its top 10 predictions for climate and carbon markets in 2024, highlighting trends like the increasing demand for nature-based carbon credits, the growth of the climate economy, and the adoption of tokenization in the carbon credit market for enhanced transparency and accessibility.  https://climatetrade.com/top-10-predictions-for-climate-and-carbon-markets-in-2024

Market Rebound Expectations: Experts anticipate a rebound in voluntary carbon markets in 2024, with a focus on high-integrity credits. The market is poised for growth as companies and countries re-engage in carbon markets to meet ambitious decarbonization commitments and address climate change challenges.  https://www.eco-business.com/news/will-carbon-markets-go-from-a-year-of-reckoning-to-one-of-redemption-in-2024/

Determining Year for Voluntary Carbon Market: The global voluntary carbon market faces a crucial year in 2024, determining whether confidence among corporate buyers can be restored following scrutiny and reputational challenges. Success hinges on rebuilding trust and ensuring high-quality carbon credits to drive market growth. https://www.businessgreen.com/news/4170781/bnef-voluntary-carbon-market-determining-2024