Bionic Planet: Your Guide To The New Reality

With the United Kingdom on the brink of leaving the European Union Emissions Trading System (EU-ETS), the United States locked in the inertia of a Donald Trump presidency, and populism stoking fears of slackening commitment to meeting the climate challenge, support for carbon markets is coming from two once-unlikely sources: namely, risk-adverse corporate boards and China, according to the International Emission Trading Association’s (IETA) annual Greenhouse-Gas Market Sentiment survey, which was released last week at the Innovate4Climate conference in Barcelona one day after Ecosystem Marketplace’s latest survey of voluntary carbon market practitioners, Unlocking Potential: State of Voluntary Carbon Markets 2017. The Ecosystem Marketplace report identified transactions for roughly 63 million metric tons of carbon dioxide equivalent (CO2e) last year, including the 1 billionth metric ton transacted since the first State of Voluntary Carbon Markets Report in 2006. That represents a 24 percent drop from 2015, in