Climate Change: Carbon Credit Markets Need Quality Standards Now
About the author: Tim Adams is president and CEO of the Institute of International Finance, the global association of the financial industry.
At June’s G7 Summit, world leaders reaffirmed their commitment to net-zero emissions by 2050. The Biden administration has set ambitious goals for a 50-52% reduction in U.S. economy-wide greenhouse gas emissions and a complete transition to sustainable power sources in about a decade.
Policymakers, business leaders, and investors…