[COP30] How can carbon markets effectively finance the ecological transition? In 2024, carbon markets generated $69 billion, far below the investment needed to address the climate emergency. Despite their strategic role, key limitations persist: fragmented markets covering only 23% of global emissions, significant risks of carbon leakage, and a global average carbon price (USD 28.3/tCO₂e) well below the recommended level. Key levers for improvement: – Harmonizing carbon pricing to reduce distortions – Expanding carbon border adjustment mechanisms – Allocating carbon revenues fully to the transition – Extending ETS to additional sectors Sia supports organizations in assessing regulatory impacts, conducting carbon and ESG reporting, defining decarbonization strategies, and securing funding for low-carbon projects. 👉Contact us to know more about our expertise & credentials! #cop30 #decarbonation #CarbonMarkets
Juliette Lavergne, Jean-Baptiste Hecquet, Stéphanie Ruaudel