Global Carbon Trust to Develop Necessary Market Infrastructure for Scaling the Voluntary Carbon Markets
New initiative will provide governance, increase the supply of credible projects, and facilitate the creation of standardized financial contracts to incentivize market participation. Sharm El-Sheikh, Egypt –Today at COP27, Three Cairns Group and Bloomberg Philanthropies announced a new initiative to form the Global Carbon Trust (GCT), and the Carbon Storage Governing Council (Governing Council). These…