Voluntary carbon markets go back to basics

Fledgling market is still debating fundamental concepts, but experts remain hopeful about its ultimate utility

The carbon credit market where companies look to offset their emissions is experiencing growing pains as participants continue to debate standards and the market’s purpose.

“We need to think again around what we’re trying to do with these markets,” said Chris Leeds, head of carbon markets development at Standard Chartered.

“When we left Glasgow after COP 26, there was a lot of excitement about the carbon markets – big expectations, things were going to really to take off. Many of the things