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April 11, 2024

Building a decarbonised global economy means big risks, but bigger rewards

By Sebastien Cross
While a few companies, such as Apple or Microsoft, are staking their claims as climate leaders and setting their own standards regarding carbon credits, most companies have been waiting for clear guidance on the market’s integrity (Photo: Bing Guan/Bloomberg)
While a few companies, such as Apple or Microsoft, are staking their claims as climate leaders and setting their own standards regarding carbon credits, most companies have been waiting for clear guidance on the market’s integrity (Photo: Bing Guan/Bloomberg)

Carbon credits have a role to play in the energy transition – and with the right tools and products, corporates can trust their effectiveness

Estimates of the amount of investment required to build a decarbonised global economy run into the trillions of dollars. If we are to see this amount of capital put to work in the short time period required, market mechanisms must be in place to enable the private sector to take any risks and seize any rewards.

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