Discover and read the best of Twitter Threads about #TSVCM

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Day 1, #COP27: Bloomberg & Three Cairns Group announced the Global Carbon Trust (GCT) to scale #carbon markets. (VCM).

#TSVCM (Mark Carney) estimates that carbon markets must grow 15-fold by 2030 & 100-fold by 2050.

#NetZero #Forests #EmergingMarkets

carboncredits.com/three-cairns-g…
June 30, 2022: "World’s Biggest Ever #CarbonCredits Issue Planned in Gabon"

Nov 8, 2022: #Africa Carbon Markets Initiative (ACMI) launched at #COP27.

Profiting from pollution. #Privatization of nature.

"This is like Black Friday for climate change." - @johnsteppling
Bloomberg, Jun 2 2021: "If they generate a lower carbon benefit than they claim & the company is still emitting, well then you end up with more emissions than you would have otherwise. We have to be open to the idea that the voluntary market might fail."

bloomberg.com/news/features/…
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