The Role of International Carbon Markets in a Decarbonising World
Summary
This research paper by the NewClimate Institute examines the evolving role of international carbon offsets within the context of the Paris Agreement and the global transition toward net-zero and net-negative carbon emissions.
Key insights
- The use of international offsets must shift from supporting continued emission trends toward a model that prioritizes the rapid avoidance and reduction of all possible emissions and the removal of carbon from the atmosphere to align with the increasing ambition of the Paris Agreement.
- For countries selling offsets, long-term strategies are necessary to identify which emission reductions are required to meet their own national targets to prevent the risk of overselling and to determine which inaccessible technologies require international support.
- For countries buying offsets, such mechanisms should only be used as a supplement to the fastest technically feasible decarbonisation pathway; using offsets as a substitute for rapid domestic decarbonisation risks undermining net-zero targets and masking 'business as usual' emission patterns.
Cite the original document
- APA
- NewClimate Institute (2019). The Role of International Carbon Markets in a Decarbonising World. http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world
- Chicago
- NewClimate Institute. The Role of International Carbon Markets in a Decarbonising World. 2019. http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world.
- Wikipedia
- {{cite report |author=NewClimate Institute |title=The Role of International Carbon Markets in a Decarbonising World |date=26 November 2019 |url=http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{newclimateinstitute2019role, author = {{NewClimate Institute}}, title = {{The Role of International Carbon Markets in a Decarbonising World}}, institution = {NewClimate Institute}, year = {2019}, month = nov, url = {http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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