Module Category: Carbon Markets & Pricing 101

CMP101.D02 REDD+ and Article 6   Since the world celebrated the agreement on Article 6 at COP26 in Glasgow, there remains a fair amount of confusion around REDD+ and its role in this part of the Paris Agreement. How does REDD+ fit into Article 6 and what are some of the complexities? Click on the… Continue reading CMP101 – Module D02

CMP101.C31 High Forest cover, Low Deforestation (HFLD) financing   High Forest cover, Low Deforestation (HFLD) jurisdictions are highly special and important for climate, biodiversity and people around the world. Sadly these areas – including many Indigenous territories – are increasingly under threat, yet have difficulty accessing the vital financing needed to combat this. Why is… Continue reading CMP101 – Module C31

CMP101.C30 Introduction to REDD+ and J-REDD+   REDD+, or “Reducing Emissions from Deforestation and Forest Degradation plus”, is one of the top financing mechanisms to protect forests around the world. Jurisdictional REDD+ (J-REDD+) is also increasingly important. What is REDD+ and J-REDD+, how do they work, what are some of the complexities, risks and opportunities… Continue reading CMP101 – Module C30

CMP101.B04 US regional carbon market schemes   The United States does not have a federal carbon pricing schemes (ETS or taxes) in place, but some individual States have implemented their own compliance systems. Here we explore the California cap-and-trade, Regional Greenhouse Gas Initiative (RGGI) and the Washington State cap-and-investment scheme. Click on the “Materials” tab… Continue reading CMP101 – Module B04

CMP101.B03 China’s national ETS   As the world’s largest carbon emitter, China has set its own climate targets and establishing domestic tools to encourage mitigation. One such tool is the national Emissions Trading Scheme (ETS) established in 2019. What is it, how does it work and what are the latest developments? Click on the “Materials”… Continue reading CMP101 – Module B03

CMP101.C21 UK Peatland Code   The UK Peatland Code is a voluntary carbon credit scheme launched in 2017 to channel financing for peatland restoration. What are the key components, how does it work and what are the latest developments? Click on the “Materials” tab to see module content.

CMP101.C20 UK Woodland Carbon Code (WCC)   The UK introduced a Woodland Carbon Code in 2019, a voluntary carbon credit scheme to incentivize creation of new woodlands that is backed by the government. What are the key components, how does it work and what are the latest developments? Click on the “Materials” tab to see… Continue reading CMP101 – Module C20

CMP101.B06 European Union Carbon Border Adjustment Mechanism (EU CBAM)   The European Union’s Carbon Border Adjustment Mechanism (CBAM) is another world-first policy tool, aimed at addressing the problem of carbon leakage. What is carbon leakage, and how does CBAM work? What does proponents and critics say about the scheme? Click on the “Materials” tab to… Continue reading CMP101 – Module B06

CMP101.B05 Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)   Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is the first global market-based mechanism covering a specific sector – aviation in this case. What is it and how does it work? What are the challenges and opportunities facing this scheme? Click on the… Continue reading CMP101 – Module B05

CMP101.B02 European Union Emissions Trading System (EU ETS)   The European Union launched the world’s first Emissions Trading System (EU ETS) in 2005, and the scheme remains a flagship policy instrument for reducing domestic emissions. What is it, how does it work and how has it evolved over the years? Click on the “Materials” tab… Continue reading CMP101 – Module B02